Exam 4 review 2011

Exam 4 review 2011 - Five year Three to seven ERISA Funding...

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Exam 4 Review Chapter 19 Health Care Philosophy Access for All Instantaneous Access for some Financing sources Impact of Information Asymetries Imoact of Cultural differences Technology Malpractice suits
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Exam 4 Review Chapter 19 What is driving health care costs up? Aging of Populations, Drugs and Technonlgy, Indigent care, etc, How are Employers responding? Understand what managed care is and how it differs from indemnity insurance approaches. Table 19-2 Know federal regulations: ADEA, ERISA, COBRA, ADA, HIPAA
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Exam 4 Review Chapter 19 What are BC and BS plans? What are HMO’s, PPO’s, POS’s
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Exam 4 Review Chapter 19 What are the FIT provisions which favor Qualified pension plans? Er contributions are deductible Investment income not taxable until paid out as benefits Er contribs are not income to employee Requirements to be qualified. Box 21-3, page 520 Impact of ERISA act of 1974 Coverage requirements Vesting Normal Retirement age
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Exam 4 Review Chapter 19 Know Defined Benefit plan Defined Contribution plan Minimum vesting standard
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Unformatted text preview: Five year Three to seven ERISA Funding requirements What is the PBGC? Exam 4 Review Chapter 19 What is : 401K TSA SEP IRA Exam 4 Review Chapter 22 Expectations government will provide minimal level of protection for what? Concept of Social Adequacy and Individual Equity What societal changes drove passage of Social Security act of 1935 3 Insured statuses: requirements for each Fully Current Disability Exam 4 Review Chapter 22 Be able to define : AIME PIA Bend points Given AIME , calculate 2012 PIA formula Normal retirement age. Varies by year of birth Types of benefits: Retirement, Spouse, Survivor, Disability Exam 4 Review Chapter 22 Medicare Part A Part B Part C, Medicare Advantage plans Part D, Prescription Drug plans What is the donut hole Unemployment insurance Benefits and financing Workers comp Principle of liability without fault Benefits and financing Exam 4 Review PPACA Review PPACA deck. Know objectives of plan...
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Exam 4 review 2011 - Five year Three to seven ERISA Funding...

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