Gba 2013 Study guides, Class notes & Summaries

CEBS GBA 1: Assignment 4 Exam Questions & Answers (based on the 2013 GBA 1 learning guide)

prepaid service plans - CORRECT ANS this type of plan provided a set allowance (level of benefit) for hospital/medical services and paid them directly to the provider ex: blue cross blue shield indemnity plans - CORRECT ANS plans that reimbursed or indemnified a set dollar amount to the subscriber first dollar coverage - CORRECT ANS plan pays benefits from the minute an expense is incurred. the subscriber pays no expense. this model was used in early hospital and medical plans ...

Broadview of employee benefits - ANSWER any form of compensation other than dirext wages paid to employees. includes gov required benefits and private plans. employers share of soc security tax, paid vacation and pension plans. narrow view of employee benefits - ANSWER any type of plan sponsored or initiated unilaterally or jointly by employers and employees engaged in provideng benefits that result from the employment relationship that are not underwritten or paid directly by the gov how...

Broadview of employee benefits - ANSWER any form of compensation other than dirext wages paid to employees. includes gov required benefits and private plans. employers share of soc security tax, paid vacation and pension plans. narrow view of employee benefits - ANSWER any type of plan sponsored or initiated unilaterally or jointly by employers and employees engaged in provideng benefits that result from the employment relationship that are not underwritten or paid directly by the gov...