Roger and Peter are considering a group benefits and insurance plan for their business and employees. You are discussing the options with them and the responsibilities that will be undertaken by them as the plan sponsor versus the obligations that the insurance company will be responsible for. Which of the following statements is correct?
a) The plan sponsor is responsible for premium billing.
b) The insurance company is responsible for claims.
c) The insurance company is responsible for plan member enrolment.
d) The plan sponsor is responsible for the payment of benefits.

Answer rating: 100% (QA)

b The insurance company is responsible for claims An insuran... View the full answer