Business Finance Homework Help

Business Finance Homework Help. Define FMLA, COBRA, HIPAA, and ERISA and describe a current issue associated with each

  • Define FMLA, COBRA, HIPAA, and ERISA and describe a current issue associated with each By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
    • Competency 5: Analyze the effects of laws and regulatory agencies on compensation and benefits strategies.
      • Explain the FMLA in relation to employer issues of concern.
      • Explain COBRA in relation to employer issues of concern.
      • Explain HIPAA in relation to employer issues of concern.
      • Explain ERISA in relation to employer issues of concern.

Questions to Consider

  • To deepen your understanding, you are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of the business community.
    • The definition of family has changed considerably over the years. Who should be covered under these highly regulated benefits?
    • Should the definition of family be altered or deleted when structuring benefit plans?
    • Much of the rationale is directed at the unfair bias in benefits for traditional families versus nontraditional families. With a divorce rate hovering at 50 percent, an increase in the number of single households adopting children, and the debate over recognizing all committed partnerships, the issues are gaining more attention.
      • Does the current definition of family constitute an unfair bias?
      • Should the law change?
      • What is your opinion on this issue from a business standpoint?

Resources

Suggested Resources

  • The following optional resources are provided to support you in completing the assessment or to provide a helpful context. For additional resources, refer to the Research Resources and Supplemental Resources in the left navigation menu of your courseroom.

Capella Multimedia

Library Resources

Course Library Guide

Internet Resources

Assessment Instructions

  • Four acts—FMLA, COBRA, HIPAA, and ERISA—passed by Congress greatly define the arena of benefits. For this assessment, complete the following:
    • Briefly define each of the four acts.
    • Cite one current issue that employers should be or are concerned with for each act. In defining your current issues:
      • Describe why each is an issue.
      • Include an example of an organization that has violated the act.
      • Describe the violation and the penalties that were imposed.

    You may reference textbooks, your current work environment, an interview with a colleague, a head of human resources, an article from a popular business publication, or related information from the Capella library. Refer to the course library guide listed in the Resources for relevant databases and search strategies for conducting research on regulation of benefits. You may also find the Four Laws that Govern Benefits Programs multimedia piece linked in the Resources to be useful as you complete your assessment. Be sure to use proper APA style in citing and referencing your sources.

Business Finance Homework Help

 
"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"