Employee benefit risks - Study guides, Class notes & Summaries

Stock insurer - - Owned by stockholders/shareholders - Pays taxable dividends to shareholders if a profit is made -Issues nonparticipating policies (non-PAR) Mutual Insurer - - An insurer that is owned by its policyholders - If company is profitable, excess premiums are returned as non-taxable dividend -Issues participating (Par) policies Fraternal Benefit Societies - -Life or health insurance companies formed to provide insurance for members of an affiliated lodge, religious organizatio...

WGU C426 Healthcare Values and Ethics Rated A+ Normative Ethics Attempt to determine what moral standards should be followed so that human behavior and conduct may be morally right. Consequential Ethics Theory of ethics emphasizes that the morally right action is whatever action leads to the maximum balance of good over evil. - What will be the effects of each course of action? - Will they be positive or negative? - Who will benefit? - What will do the least harm? Utilitarian Ethics The conce...

401K Plan - A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollards Absolute Assigment vs. Collateral Asssigment - Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collateral: A temporary and/or revocable transfer of benefits by the policyowner. Accelerated Death Benefit - Policy provision that allows full or partial payment of the policy's death benefit before the insured's death if he/she i...

IT 343 Midterm Exam | Verified with 100% Correct Answers What is project management? A. The ability to complete a task within a given amount of time B. The ability to complete a task within a given budget C. The ability to manage a temporary endeavor to create a unique product or service, on time and within budget D. The ability to administer a series of chronological tasks within a given amount of time and under budget All of the following are project management process groups except for whi...

Under a traditional IRA, interest is taxed: Only if withdrawn prior to age 59 1/2 According to the capital gains rate Upon distribution During the accumulation phase - ANSWER-Upon distribution Which of these statements concerning Traditional IRAs is CORRECT? Earnings are not taxable when withdrawn Earnings are taxable when withdrawn Contribution are never tax deductible Contributions are always made by the employer - ANSWER-Earnings are taxable when withdrawn Wh...

CSST Practice (Pacific EH&S) Questions and Answers Already Passed What is the importance of proper waste disposal in construction? Proper waste disposal in construction is important to prevent environmental contamination and comply with regulations regarding hazardous materials. How can team morale impact workplace safety? High team morale can enhance workplace safety by fostering a culture of communication and shared responsibility for safety practices among employees. What are ...

NIHE Part 15 Inspection Business Operation p590-617 Questions and Answers Graded A+ What is the primary goal of conducting regular inspections in a business operation? A) To increase paperwork B) To identify potential hazards and improve safety C) To impress clients D) To reduce employee morale B) To identify potential hazards and improve safety Which document is essential for an inspection business to maintain for compliance purposes? A) Employee vacation requests B) Client tes...

Organizational Behavior correct answers The study of what people think, feel, and do in and around organizations Organizations correct answers groups of people who work interdependently towards some purpose. collective entities. and members have a collective sense of purpose. Technological Change/Information technology correct answers disruptive force in organizations technology gives employees a stronger voice throughd irect communication with executives and broader distrubution of...

NRNP 6675/ NRNP6675 Midterm Exam Quiz Bank (2023/ 2024) | Complete Guide| Questions and Verified Answers 1. Which of the following is not consistent with benzo withdrawal? - Answer: B) The best way to proceed with benzo withdrawal is to stop it immediately and tx withdrawal s/s 2. Which of the following is true about the legal practice of the PMHNP? - Answer: D) A&B only A) all have some degrees of prescriptive privileges i...

California Life, Accident, and Health Insurance Final Exam Questions and Answers Already Passed What distinguishes a deferred annuity from an immediate annuity? The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? 60 payments What is a common reason people purchase an annuity? To protect against the risk of outlivin...