The "Deemer Clause" of ERISA

question 12

Multiple Choice

The "deemer clause" of ERISA:

• A) gives the federal government control over self-insured health plans.
• B) gives state governments control over self-insured health plans.
• C) gives insurance commissioners control over self-insured health plans.
• D) gives employers control over self-insured health plans.

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Definitions:

Invested

Capital that has been put into a project, company, or various assets to earn profits or achieve other financial goals.

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Deposit

A sum of money placed into an account or given to a party as security for the fulfillment of a contract.

Return

The gain or loss on an investment over a specific period, typically expressed as a percentage of the investment's initial cost.