Employee benefits
1. What is considered employee benefits? Briefly state what it includes. (10 points)
2. How does group insurance differ from individual insurance? What are the eligibility requirements for group insurance? (10 points)
3. What are the differences between HMO’s , PPO’s, and POS plans? (15 points)
4. What are the characteristics of short term disability and long term disability plans? (15 points)
5. Discuss the differences between defined-benefit and defined contribution retirement plans? (15 points)
6. Describe the benefits and disadvantages of 401 (K) plans. (10 points)
