Which Act Mandated Reporting and Disclosure Requirements for Group Life

question 43

Multiple Choice

Which act mandated reporting and disclosure requirements for group life and health plans (including managed care plans) , permitted large employers to self-insure employee health care benefits, and exempted large employers from taxes on health insurance premiums?

• A) Employee Retirement Income Security Act of 1974
• B) Health Maintenance Organization Assistance Act of 1973
• C) Omnibus Budget Reconciliation Act of 1981
• D) Tax Equity and Fiscal Responsibility Act of 1982

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Definitions:

Giving Forgiveness

The act of pardoning or releasing resentment, anger, or blame towards another person.

Victimization

The process of being made a victim through harmful actions such as abuse, exploitation, or violence.

Sympathy

Sympathy is the feeling of pity, compassion, or sorrow for the misfortunes or suffering of others.

Resentment

Persistent feelings of bitterness or ill will towards someone or something perceived as having caused harm or injustice.