HR Section 4 Flashcards
What are some potential benefits that may be required by law
COBRA, FMLA, Sick time
are all employee benefits taxable
No, health care and some retirement plans are pre-tax
What are 3 things to consider in creating benefit plan
buget of practice
definition full/part time and accruel rates
IRS considers most benefits taxable
What are two types of health care coverage
Fee for service plans and managed care plans
what is fee for service plans
patient visit their choice dr and reimbursed from plan- obsolete now
What are three types of managed care plans
HMP, PPO, Point of Service plans
What are PPO
Preferred Provider Organization- blend of Fee for Service and HMP. Do not require visit to primary to visit specialist. Do have network providers and saves money stayin in network
What is Point of Service Plan
like HMO but not required to see primary to visit specialist in network.. must have referral for out of network
Section 125 health care
tax saving plan for employer/employee offering medical payments tax free
what posters must be displayed in a highly visible area
OSHA
EEO
FMLA
Polygraph protection
Immigration reform act
Uniformed servies ACT
FSLA
What are the agronomy terms in corrective action ABCDEF formula
A=awareness
B= behavior expectations
C= consequences
D= decision confirmed
E= employee involvement
F=follow up
