question 19 of 60\nwhich of the following group insurance plan must cover at least 75% of eligible…

question 19 of 60\nwhich of the following group insurance plan must cover at least 75% of eligible employees?\na. contributory\nb. noncontributory\nc qualified\nd permanent

question 19 of 60\nwhich of the following group insurance plan must cover at least 75% of eligible employees?\na. contributory\nb. noncontributory\nc qualified\nd permanent

Answer

Brief Explanations:

In group insurance, a contributory group - insurance plan requires employees to contribute to the cost of the insurance. To be considered a valid contributory plan, it must cover at least 75% of eligible employees. Non - contributory plans are fully funded by the employer and may have different participation requirements. Qualified and permanent are not terms directly related to this 75% coverage rule in this context.

Answer:

A. Contributory