The HIPAA Regulation Improved the Portability and Continuity of Health

question 45

True/False

The HIPAA regulation improved the portability and continuity of health insurance coverage in group and individual markets.

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Definitions:

Dividend Liability

Refers to the amount a company owes to its shareholders after the board of directors declares a dividend but before the company has actually paid it.

Date of Declaration

The specific date on which a company's board of directors announces its intention to pay a dividend to shareholders.

Cumulative Preferred Stock

A type of preferred stock where dividends accumulate if not paid in a given year, and must be paid out before common stock dividends.

Par Common Stock

The nominal or face value assigned to common stock by the issuing company.