Excepted Benefits Are Not Subject to Requirements of the PPACA

question 55

True/False

Excepted benefits are not subject to requirements of the PPACA that apply to group health plans.(Employee Assistance Programs)

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Definitions:

Merchant

An individual or business involved in the wholesale or retail sale of goods.

Firm Offer

A proposal in business transactions that remains valid for a specified period and cannot be revoked during that time.

Merchant

An individual or business engaged in the wholesale or retail trading of goods and services, traditionally involved in buying and selling with the aim of earning a profit.

Goods of the Kinds

Products or items that are characteristic of what is described in a contract, conforming to expectations based on trade and usage.