What Are the Requirements of the Consolidated Omnibus Budget Reconciliation

question 72

Multiple Choice

What are the requirements of the Consolidated Omnibus Budget Reconciliation Act (COBRA) with respect to health care?

• A) Employers with more than 50 employees must provide medical insurance for all full-time employees.
• B) Most employers with 20 or more employees must offer extended health care coverage to certain groups of plan participants.
• C) Widowed or divorced spouses and dependent children of former or current employees need not be offered health care coverage.
• D) Employees who are terminated need not be offered health care coverage.

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Definitions:

Share of the Profits

The portion of a company's profits allocated to each share of stock, or to an individual or entity as part of an agreement.

Partner

An individual or entity who shares ownership in a business partnership, jointly sharing profits, losses, and management responsibilities.

Damages

Compensation claimed by or awarded to a party for a loss or injury caused by the actions of another.

Registered Dietician

A registered dietician is a healthcare professional specializing in dietetics; assessing, diagnosing, and treating dietary and nutritional problems at an individual and wider public-health level.