RMI 3501 Study Guide - Midterm Guide: Guaranteed Issue, Community Rating, Employee Benefits

• School: Temple University
• Department: Risk Management and Insurance
• Course: RMI 3501
• Professor: Rob B.Drennan

Document Summary

Questions 1 11 are possible essay questions. One will be drawn randomly for you to answer. Questions 12 18 are items you should be familiar with from the readings. You are a consultant for a large employee benefits consulting firm. One of your clients has inquired about the installation of a section 125 plan. Sold on the idea" as they are simply asking you for expert advice. Your job is to provide convincing arguments for both this employer and their employees as to the advantages of section 125 plans. [remember: the term section 125" is a broad term . so you need to think about way(s) in which it might be applied before you answer the question]. Identify and briefly discuss two arguments to present to the employer that would convince the employer to install a section 125 plan [however you choose to implement it].