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HRM 599 Final Exam

HRM 599 Final Exam 1. 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…

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HRM 599 Final Exam
1. 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 companyҀ™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.
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 – majorityof 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 organizationҀ™s benefits communication program.
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.

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