This pack of BUS 409 Week 9 Quiz 8 comprises:

1) As of March 2009, how much did U.S. companies spend per employee on average to provide legally required benefits?2) In 2009, Carnation Candles had 100 employees. Approximately how much did the legally required benefits cost the company that year?3) The first 4 quarters of the last 5 completed calendar quarters in the previous year is the base period for which benefit?4) If an employee wants to apply for unemployment benefits, how much will s/he have to have earned, in the last four quarters, to qualify?5) How often will Jill receive an unemployment check?6) What is the only state that requires employee contributions under the Federal Unemployment Tax Act (FUTA)?7) If the CEO of a new company asked you how much per employee she will be taxed by FUTA, what would you tell her?8) To be fully insured under OASDI, an employee would have to work at least how long?9) In 2011, how much would you have to earn to qualify for one quarter of credit for OASDI coverage?10) Samuel’s full retirement age is 65 years old and his monthly benefit at that age is $1,000. According to the Social Security Administration retirement program, if Samuel decides to take retirement as early as age 63, his monthly benefit will be11) In 2022, how old will Cary have to be to receive full Social Security benefits?12) The average monthly benefit for all retired workers earning old age benefits as of June 2010 was how much?13) To receive OASDI disability benefits, Sung Lee’s disability would have to be expected to last at least how long?14) Medicare Part A is based on what type of health care option?15) How is Medicare Part A financed?16) Which of the following is covered by Medicare Part A?17) What were the Medicare Part A monthly premiums in 2011?18) If Fred signs up for Medicare Part B, what percent of his medical services and supplies will be covered after he has paid his annual deductible?19) Medicare Select is one of the choices under which Medicare Plan?20) Which Medicare plan offers enrollees lower premiums in exchange for limiting their choice of health care providers?21) This Medicare Plan was established with the passage of the Balanced Budget Act of 1997 as an alternative to the original program (parts A & B).22) Which Medicare plan allows enrollees to use medical savings accounts?23) Medicare Prescription Drug Program will cover how much of Silvia’s prescription costs, after she meets the initial $295 deductible?24) Thelma is on the Medicare Prescription Drug Program and has just spent over $5,100 out-of-pocket on medications, how much of the prescription costs will Medicare now cover for her?25) Which one of the following is a wrong belief regarding the Social Security System in the United States?26) MomPop’s General Store can avoid paying workers’ compensation taxes if it keeps its staff to less than how many employees?27) What is the only state where employers are not required to fund workers’ compensation programs?28) Under the Family and Medical Leave Act, for Pierre to take time off to take care of his wife and new child how many hours would he have had to work in the previous 12 months?29) Due to the fact that the costs of benefits has risen so dramatically in recent years, the majority of the companies decided to finance discretionary benefits using30) Mary works at a pharmaceutical company as a customer service representative. Her employer allows her to choose the set of benefits she will receive on top of preestablished sets of benefits such as medical insurance, and term life insurance. The company gave her credits equal to 6% of her salary with which she decided to purchase dental and vision insurance. This pharmaceutical company uses what kind of benefits plan?31) Income discontinuity caused by the ________ led to the Social Security Act as a means to protect families from financial devastation in the event of unemployEDU 315 Week 3 Learning Team Assignment Role of Educational Stakeholders Presentation,Psychology,$16.89,

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