50 or more
The insurer
The employer is the policyholder
Which of the following statements concerning group health insurance is CORRECT?
Stock profit-sharing plans
No, the group must be formed for a purpose other than obtaining group insurance
Can a group that is formed for the sole purpose of obtaining group insurance qualify for group coverage?
Partially-funded plan
Experience rating
Nonpayment of premium
Master policy
Divorce
Which of the following is considered a qualifying event under COBRA?
Blanket insurance
Has at least 50 members
An association could buy group insurance for its members if it meets all of the following requirements EXCEPT
The employer and the insurance company
Which of the following statements is NOT correct concerning the COBRA Act of 1985?
The main purpose of ERISA is to ensure that
To provide continuation of coverage for terminated employees
What is the purpose of COBRA?
50%
$102
An employee insured under a group health plan has been paying $25 monthly premium for his group health coverage. The employer has been contributing $75, for the total monthly cost of $100. If the employee leaves the company, what would be his maximum mont
20 employees
COBRA applies to employers with at least
A group that changes insurance annually
36 months
What is the period of coverage for events such as death or divorce under COBRA?
Group coverage must be extended for terminated employees up to a certain period of time at the former employee's expense
As it pertains to group health insurance, COBRA stipulates that