Required to pay for all of employee social security benefits

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Reference no: EM132152360

1. Abigail runs a small business of 55 employees. She is working hard to find a way to provide health benefits to all her employees by 2016 to be in compliance with __________.

the Family Medical Leave Act

Social Security

the Affordable Care Act

Medicare

2. Laura's organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows her to go to any doctor or provider. Her group health insurance is a ________.

health savings account service

fee-for-service plan

health maintenance organization

preferred provider organization

3. Employers are required to pay for all of employee's Social Security benefits.

True

False

4. The Treasury Department and the IRS have now ruled that legally married same-sex couples will be treated the same as other married couples for federal tax purposes.

True

False

5. If a company chooses to provide health care to employees, they have to follow the COBRA, HIPAA, and ERISA rules.

True

False

6. Disability insurance, short-term or long-term, can only provide benefits to employees when they've been injured on the job.

True

False

7. Traditional health care plans allow employees to go to any doctor or provider they want without a referral to see specialists.

True

False

8. Under U.S. law, any person who pays taxes can contribute to an IRA, and the contributions are tax-free.

True

False

Reference no: EM132152360

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