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:

Financial Asset

An asset that derives value from a contractual claim, such as cash, ownership interest in an enterprise, a bond, stock, or right to receive cash from a contract.

Accounts Receivable

Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.

Forward Exchange Contracts

Financial derivatives that lock in an exchange rate today for the purchase or sale of a currency on a future date.