Devry HRM599 Final Exam ANSWERS

HRM 599 Final Exam ANSWERS
Question :
(TCO A) What are some of the legal and regulatory influences on
discretionary benefits?
:
2.
Question :
(TCO B) Give a brief overview of the main provisions of HIPAA.
:
3.
Question :
(TCO C) Discuss the two forms of employer-sponsored disability
coverage. Analyze the potential advantages of each for the employee and for the
employer.
:
4.
Question :
(TCO D) Your company’s CEO is interested in implementing a new
dental plan for employees and has asked you to do some research. The CEO wants
you to report back to him in 3 weeks with the following information: What are
the three main types of dental care plans? Discuss each plan and make a
recommendation for your company.
:
5.
Question :
(TCO E) Discuss the various FASB rulings associated with retiree
health insurance.
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6.
Question :
(TCO F) You have recently been hired as an employee benefit
consultant and have been asked to recommend the establishment of either a
defined contribution or a defined benefit plan. Given the following employer
objectives, which type of plan would you recommend? Specify the type of
retirement plan you would recommend. Explain how your recommendation would
handle the employer’s objectives.
Employer objectives include
majority of employees are young would like to encourage long
potential service concerned about providing retirement income, capital
accumulation, and/or estate benefits concerned about limiting their funding
costs and administrative expenses
:
7.
Question :
(TCO G) Discuss the concept of “good business sense” of benefits
communication and the primary objectives of an organization’s benefits
communication program.
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8.
Question :
(TCO H) Family assistance programs help employees with caring for
loved ones, both young and old. Briefly describe the three types of family
assistance programs and their benefits.