How Many Days Do Employees Have to Decide Whether or Not

question 25

Multiple Choice

How many days do employees have to decide whether or not to maintain coverage of medical, dental, or optical benefits under the Consolidated Omnibus Budget Reconciliation Act?

• A) 30 days after the employee has found new employment
• B) 60 days after the employee has found new employment
• C) 30 days after their coverage would ordinarily terminate
• D) 60 days after their coverage would ordinarily terminate

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Definitions:

Lead Time

The amount of time that elapses between the initiation and completion of a process, such as the time from placing an order to delivery.

Backup Supplier

A secondary source for goods or materials, used in case the primary supplier fails to deliver, to ensure continuity of supply in the production or distribution process.

Volume-Based

A pricing or measurement approach relying on the amount of goods sold or produced.

Efficient Facility

A production or service site designed to maximize productivity and reduce waste, costs, and inefficiency through optimal use of resources and technology.