Examlex
Which of the following abbreviations is NOT matched with the correct definition?
HMO
Health Maintenance Organization, a type of health insurance plan that requires members to access healthcare services from a specific network of providers.
PBGC
Pension Benefit Guaranty Corporation; a federal corporation created to protect the retirement incomes of workers in private-sector defined benefit pension plans in the United States.
Least-expensive Benefits Package
A benefits plan that offers the minimum required level of benefits at the lowest possible cost to the employer.
HR Department
The division within an organization responsible for overseeing employment-related matters, including recruitment, training, benefits, and compliance with labor laws.
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