MGMT 4325 Legal Concepts

The Mental Health Parity and Addiction Equity Act: requires that employers include menta! health conditions in their health insurance coverage requires that employers include addiction in their health insurance coverage makes it illegal for employees to provide higher out-of-pocket costs (in the form of lower lifetime caps) for mental and substance abuse services than for other medical benefils. allow employers to exclude employees with pre-existing conditions QUESTION 3 Life insurance is a popular benefit because: employers do not pay for any part of the benefit favorable income tax treatment applies to the benefit when the benefit is paid beneficiaries pay estate taxes up to $100,000 the amount of the benefit is the same for all employees