AHIP Health Plan Finance and Risk Management AHM-520 Question # 104 Topic 5 Discussion

AHIP Health Plan Finance and Risk Management AHM-520 Question # 104 Topic 5 Discussion

AHM-520 Exam Topic 5 Question 104 Discussion:
Question #: 104
Topic #: 5

The Lindberg Company has decided to terminate its group healthcare coverage with the Benson Health Plan. Lindberg has several former employees who previously experienced qualifying events that caused them to lose their group coverage. One federal law allows these former employees to continue their group healthcare coverage. From the answer choices below, select the response that correctly identifies the federal law that grants these individuals with the right to continue group healthcare coverage, as well as the entity which is responsible for continuing this coverage:


A.

Federal law: Consolidated Omnibus Budget Reconciliation Act (COBRA)

Entity: Lindberg


B.

Federal law: Consolidated Omnibus Budget Reconciliation Act (COBRA)

Entity: Benson


C.

Federal law: Employee Retirement Income Security Act (ERISA)

Entity: Lindberg


D.

Federal law: Employee Retirement Income Security Act (ERISA)

Entity: Benson


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