explain the typical eligibility requirements that employees must meet in group insurance plans?
explain the typical eligibility requirements that employees must meet in group insurance plans?
Homework Answers
Typical eligibility requirements that employees must meet in group insurance plans are:
1. He must be a full time employee and must have worked for the number of hours that the employer has specified. Usually it must be at least 30 hours a week.
2. The employee have must served the probationary period which usually is anywhere between one to three months.
3. The employee must apply for the group insurance during the eligibility period which usually lasts for 31 days.
4. If the employee is absent during which the group insurance plan has become effective, the insurance will be effective when he gets back to work.
Add Answer to:
explain the typical eligibility requirements that
employees must meet in group insurance plans?
Describe the requirements for Workers’ Compensation eligibility? In order for an employee to receive Workers’ Compensation...
Describe the requirements for Workers’ Compensation eligibility? In order for an employee to receive Workers’ Compensation benefits, what criteria must the injury meet? What is the purpose for such restrictions?
Explain the requirements the Corporation must meet to be an S-Corporation. Include in your explanation why...
Explain the requirements the Corporation must meet to be an S-Corporation. Include in your explanation why a Corporation would choose to be an S-Corporation (instead of C-Corp) given these strict requirements.
Creative Corporation has four employees and provides group term life insurance coverage for all four employees....
Creative Corporation has four employees and provides group term life insurance coverage for all four employees. Coverage is nondiscriminatory and is as follows: (Click the icon to view the Uniform One-Month Group Term Premiums for $1,000 of Life Insurance Coverage.) (Click the icon to view the data.) Read the fequirements. Requirement a. How much may Creative Corporation deduct for group term life insurance premiums? The amount Creative Corporation can deduct for group term life insurance premiums is Requirement b. How...
1) All of the following are due diligence requirements a paid tax preparer must meet when...
1) All of the following are due diligence requirements a paid tax preparer must meet when filing a return for a taxpayer claiming EITC, CTC/ACTC, ODC, AOTC, and/or head of household filing status EXCEPT: A) Investigate and verify the accuracy of information the taxpayer provides to show eligibility for the credits and/or head of household filing status. B) Complete all worksheets used to compute the credit. If the worksheet is completed by hand, keep a hard copy in the taxpayer's...
To meet a U.S. Postal Service requirement, employees' footwear must have a coefficient of static friction...
To meet a U.S. Postal Service requirement, employees' footwear must have a coefficient of static friction of 0.5 or more on a specified tile surface. A typical athletic shoe has a coefficient of 0.793. In an emergency, what is the minimum time interval in which a person starting from rest can move 2.68 m on a tile surface if she is wearing the following footwear? (a) footwear meeting the Postal Service minimum (b) a typical athletic shoe
1. Create a hypothesis. Your hypothesis must meet the following requirements: -It must be written as...
1. Create a hypothesis. Your hypothesis must meet the following requirements: -It must be written as a statement. -It must focus on the relationship between two variables. -Both variables should be quantitative and preferably continuous. Explain (in full sentences) why you believe your hypothesis to be true. update**This is the information we were given: In this unit we learned that the first part of any data management investigation is to create a hypothesis. This part of the investigation is to...
Types of Insurance Plans Insurance plans are set up in a variety of ways. Each type...
Types of Insurance Plans Insurance plans are set up in a variety of ways. Each type of insurance plans has its own unique characteristics, but many plans use a combination of the more desirable features of each type of insurance in order to attract customers. Requirements List and explain each of the following: Fee-for-service, HMO, PPO, Medicare, Medicaid, Tricare, CHAMPVA, Workers' Compensation, Private Health Insurance (BCBS), Disability and Long-term Care insurance. Petty Cash From time to time, small amounts of...
Discuss the differences between individual coverage and group coverage, fully insured plans and self-funded plans, and...
Discuss the differences between individual coverage and group coverage, fully insured plans and self-funded plans, and single and family coverage. Summary the main requirements for the PPACA, do you think the government should require everyone have health insurance? Explain your answer. Summarize the three broad health-care plan design alternatives. Describe the principles of fee-for-service plans and managed care plans. What are the similarities and differences? Briefly describe the consumer-driven approach and explain the role that spending accounts or arrangements play...
A company employs six people and plans to select a group of two of these employees to receive advanced training
A company employs six people and plans to select a group of two of these employees to receive advanced training. How many ways can the group of two employees be selected?
Explain the accounting requirements for stock compensation plans under GAAP.
Explain the accounting requirements for stock compensation plans under GAAP.
Creative Corporation has four employees and provides group term life insurance coverage for all four employees. Coverage is nondiscriminatory and is as follows: (Click the icon to view the Uniform One-Month Group Term Premiums for $1,000 of Life Insurance Coverage.) (Click the icon to view the data.) Read the fequirements. Requirement a. How much may Creative Corporation deduct for group term life insurance premiums? The amount Creative Corporation can deduct for group term life insurance premiums is Requirement b. How...
To meet a U.S. Postal Service requirement, employees' footwear must have a coefficient of static friction of 0.5 or more on a specified tile surface. A typical athletic shoe has a coefficient of 0.793. In an emergency, what is the minimum time interval in which a person starting from rest can move 2.68 m on a tile surface if she is wearing the following footwear? (a) footwear meeting the Postal Service minimum (b) a typical athletic shoe
Most questions answered within 3 hours.
-
Suppose N is a discrete random variable defined by probability
distribution:
n
Pr(N = n)
10...
asked 9 seconds from now -
why are special-interest travelers becoming more important to
tourism service suppliers?
asked 3 minutes ago -
A 50.0-kg child takes a ride on a Ferris wheel that rotates four
times each minute...
asked 26 minutes ago -
What happens to the distribution of gene alleles when a
reproductive isolation arises between different population...
asked 24 minutes ago -
1 – Balance the following
Bi(OH)3 + SnO22- →
SnO32- +
Bi
asked 37 minutes ago -
Explain what we mean by "The electric field at the point marked
X is 10 N/C."...
asked 48 minutes ago -
What is the positive energy states in Dirac’s picture? It says
that it leaves an empty...
asked 46 minutes ago -
A mutual fund manager has a $20 million portfolio with a beta of
1.7. The risk-free...
asked 46 minutes ago -
Given the following contribution margin income statement
Sales (15000 units 35
$/units)
asked 46 minutes ago -
The heights in feet of some of the girls of SEU
are: 5.8, 6.1, 5.9, 5.4, 5.6,...
asked 1 hour ago -
Caspian Sea Drinks is considering the purchase of a new water
filtration system produced by Rube...
asked 1 hour ago -
Compare and contrast the
social media of Pepsi and Coke? which one is most effective and...
asked 1 hour ago