Business > CASE STUDY > Homework Problems Wk 3.docx Wk. 3 Homework Problems Wk. 3 Complete the following exer (All)
Homework Problems Wk 3.docx Wk. 3 Homework Problems Wk. 3 Complete the following exercises, in 2-4 sentences each and include a paragraph explaining how you can apply what you've learned in this ... chapter to your job. 1. Write a short note on the Consolidated Omnibus Budget Reconciliation Act of 1986.  The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law passed in 1986 that lets certain employees, their spouses, and their dependents keep group health plan (GHP) coverage for 18 to 36 months after they leave their job or lose coverage for certain other reasons, as long as they pay the full cost of the premium. Under COBRA, a GHP is defined as a job-based insurance plan that provides medical benefits to employees, their spouses, and/or their dependents. Medical benefits may include: inpatient and outpatient hospital care, physician care, surgery, prescription drugs and other medical benefits, such as dental and vision care. 2. What is workers' compensation? Mention some common features that all states' workers' compensation laws share. Workers compensation insurance is a type of business insurance that provides benefits to employees who suffer work-related injuries or illnesses. Specifically, this insurance helps pay for medical care, wages from lost work time and more. Workers compensation coverage helps protect your business in three ways. These include: covering employee illnesses and workplace injuries, protecting businesses from lawsuits, and keeping bu. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . . [Show More]
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