a. Which of the following statements is true regarding disability income insurance? why?

	A.	Increasing the elimination period reduces the premium for disability income insurance
	B.	Disability income insurance usually replaces 100 percent of lost income
	C.	A uniform definition of disability appears in all disability income policies
	D.	The purchase of disability income insurance is not necessary if you are covered under workers compensation

b. Under many cafeteria plans, employees make premium contributions with pre-tax dollars and a salary reduction that are used to purchase group health insurance or dental insurance. This type of cafeteria plan is called a... why?

	A.	Flexible spending account plan
	B.	Premium conversion plan
	C.	Full-choice plan
	D.	Health reimbursement arrangement plan

c. Which statement is true with regard to problems and issues with tax-deferred retirement plans in the United States? why?

	A.	Pension benefits are too often indexed for inflation, burdening employers with high pension costs
	B.	Retirement benefits for women are higher than retirement benefits for men, reflecting the higher wages women are paid.
	C.	Employees do not invest sufficient amounts in the common stock issued by the companies where they work.
	D.	Inadequate participation in employer-sponsored retirement plans can create economic insecurity for retired employees.

d. Which of the following statements about the impact of the implementation of the Affordable Care Act (ACA) on workers compensation is true? why?

	A.	Implementation of the ACA will discourage annual physical check-ups and implementation of workplace wellness programs
	B.	Implementation of the ACA will create higher healthcare provider prices.
	C.	Implementation of the ACA will reduce the waiting time to see a physician, to have tests performed, and to begin physical therapy.
	D.	Implementation of the ACA will increase fraudulent workers compensation claims.