Describe the consolidated omnibus budget reconciliation act


Question: Describe the Consolidated Omnibus Budget Reconciliation Act (COBRA) • Identify and discuss the details of employee benefits provided by workers' compensation • Identify the four categories of qualified social security benefits • Describe the four major objectives of unemployment insurance, as well as the eligibility requirements to receive unemployment payments • Describe the Health Insurance Portability and Accountability Act • Describe HMO, PPO, and POS health care plans • Describe what is meant by vesting and portability as they pertain to retirement plans • Describe the Pension Benefit Guaranty Corporation • Describe defined contribution, defined benefit, and individual retirement account (IRA) retirement plans

 

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Accounting Basics: Describe the consolidated omnibus budget reconciliation act
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