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Employee benefits in the United States include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401 (k), 403 (b) ); group term life insurance and accidental death and dismemberment insurance plans; income protection plans (also known ...
Joint employment is the sharing of control and supervision of an employee's activity among two or more business entities. At present, no single definition of joint employment exists. Instead, various employment laws define situations in which joint employment may occur with respect to that law. An example is the Family and Medical Leave Act in ...
Employment practices liability. Employment practices liability is an area of United States labor law that deals with wrongful termination, sexual harassment, discrimination, invasion of privacy, false imprisonment, breach of contract, emotional distress, and wage and hour law violations. It may be categorized as a form of professional liability.
Self-funded health care. Self-funded health care, also known as Administrative Services Only ( ASO ), is a self insurance arrangement in the United States whereby an employer provides health or disability benefits to employees using the company's own funds. [1] This is different from fully insured plans where the employer contracts an insurance ...
Takeaway. Individuals 65 years old and over receiving group health plan coverage through an employer are also eligible for Medicare. Depending on your company’s size, you may choose to enroll in ...
There are different types: term life insurance and permanent life insurance, like whole life insurance. Term life insurance will pay out for a specific term, usually between 10 and 30 years ...
The Federal Employee Health Benefit (FEHB) program provides health insurance to federal employees and their dependents. Federal employers are eligible to keep FEHB after retirement. FEHBs can ...
Cons. Outlook. Some pros of Obamacare include more affordable health insurance and coverage for preexisting health conditions, while some cons include people having to pay higher premiums. The ...
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