What type of insurance account allows the employer and


1- The insurance program designed to provide medical treatment and temporary payments to employees who cannot work because of an employment-related injury or illness is:

A. Unemployment insurance

B. Portability option

C. Social Security disability

D. Government disability insurance

E. Workers’ compensation

2- In an HMO, the patient pays a _________ each time he or she visits.

A. prepayment

B. copayment

C. referral

D. reverse insurance

E. facility payment

3- The employer and employee each pay a tax of about _____ percent of the employee’s paycheck into Social Security for OASDI only?

A. 7.9%

B. 5%

C. 10.3%

D. 6.2%

E. 12.4%

4- What type of insurance account allows the employer and employee to fund a medical savings account from which the employee can pay medical expenses in pretax dollars?

A. OPE

B. HSA

C. EME

D. GEN

E. MEP

5- ____________________ are a tool that will allow us to provide greater rewards to the best people in the organization.

A. Incentives

B. Variables

C. Compensators

D. Motivators

Request for Solution File

Ask an Expert for Answer!!
Operation Management: What type of insurance account allows the employer and
Reference No:- TGS02943291

Expected delivery within 24 Hours