Identify the major provisions of the Affordable Care Act that affect individuals, families, and employers.
Answer to relevant QuestionsBriefly explain each of the following group medical expense provisions:a. Coordination of benefitsb. Continuation of group health insurance under the COBRA lawWhat is a consumer-directed health plan (CDHP)?A qualified retirement plan must meet certain minimum coverage requirements to receive favorable income-tax treatment. Explain the ratio percentage test.Briefly explain the major characteristics of a simplified employee pension (SEP).The OASDI program has several types of insured status. Briefly explain the meaning of the following:a. Fully insuredb. Currently insuredc. Disability insured
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