which method of risk assessment is required by ACA for individual and small group health insurance

adjusted community rating More test answers on https://studyhippo.com/ch-6-health-care-systems/

As it pertains to group health insurance, COBRA stipulates that

Group coverage must be extended for terminated employees up to a certain period of time at the former employee’s expense. More test answers on https://studyhippo.com/insurance-exam-questions/

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) mandates that when an employee is laid off from a company, the group health insurance coverage must continue at group rates for up to 18 months.

True More test answers on https://studyhippo.com/his-chapter-review-questions-truefalse/

The federal income tax treatment of employer-provided group health insurance can be accurately described as Employee’s coverage paid for by the employer is considered taxable income to the employee Employee’s coverage paid for by the employer is tax-deductible to the employer as a business expenditure Employer is given tax credits for contributions made to an employer-provided group health plan Benefits are taxable to the employee

Employee’s coverage paid for by the employer is tax-deductible to the employer as a business expenditure- Premiums paid by an employer for an employee’s coverage are deductible by the employer as a business expense. More test answers on https://studyhippo.com/insurance-exam-part-3/

5 All of the following provisions are required by Florida law for group health insurance policies EXCEPT A. coverage for mental and nervous disorders must be available to the group policyholder B. a newborn child is to be provided coverage from the moment of birth C. coverage must continue until age 25 for a handicapped child that is a family member D. a newborn child of a covered family member is to be provided coverage for 18 months

5.C More test answers on https://studyhippo.com/30-florida-laws-and-rules-pertinent-to-health-insurance/

What is the required minimum percentage of employee participation for a noncontributory group health insurance plan according to Florida Law?

0% ( “0%”. Most noncontributory group health plans require 100% participation by eligible members. Under Florida law, there is no specific minimum percentage participation for employees covered by employee group health insurance. More test answers on https://studyhippo.com/8-florida-laws-and-rules-pertinent-to-insurance-test-only-has-40-questions/