Asked by Natalia Portugal on May 29, 2024
Verified
Which of the following enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits to pay to continue receiving benefits for themselves and their dependents under the employer's policy?
A) The Employee Income Security Act
B) The Consolidated Omnibus Budget Reconciliation Act
C) The Family and Medical Leave Act
D) The Fair Labor Standards Act
E) Workers' compensation laws
Consolidated Omnibus Budget Reconciliation Act
A U.S. federal law that provides for the continuation of group health coverage that otherwise might be terminated.
Medical Benefits
Health-related services and support covered by health insurance plans or provided through government programs.
Lose Jobs
The act or process of becoming unemployed, typically resulting from dismissal, layoffs, or company closures.
- Acquire knowledge of the conditions and requirements for COBRA eligibility.
Verified Answer
PT
Phuong Thao HoangJun 01, 2024
Final Answer :
B
Explanation :
The Consolidated Omnibus Budget Reconciliation Act (COBRA) allows employees and their families to continue their employer's group health coverage for a limited period of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events.
Learning Objectives
- Acquire knowledge of the conditions and requirements for COBRA eligibility.