An Employer Group Health Plan (EGHP) Is Contributed to by an Employer

question 43

Multiple Choice

An employer group health plan (EGHP) is contributed to by an employer or employee pay-all plan and provides coverage to employees and dependents without regard to the enrollee's employment status. EGHP provisions are applicable __________.

• A) for reimbursing commercial claims only
• B) regardless of the size of the employer
• C) to employers with 100 employees or more
• D) when employees only have full-time status

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Definitions:

Lots Of Money

A colloquial term referring to a substantial amount of currency or financial resources.

Entrepreneurs

People who initiate, manage, and assume the risks of starting a new business venture.

Opportunity

A set of circumstances that makes it possible to do something, often used in the context of business to denote a chance for progress or profit.

Business Owners

Individuals who own and have invested resources in a business, responsible for strategic decision-making and managing operations.