CBP Benefits Compliance and Regulations

Question 1

Which agency is primarily responsible for enforcing ERISA's reporting and disclosure requirements for employee benefit plans?

Accepted Answer

Department of Labor (DOL)

Answer

The Department of Labor's Employee Benefits Security Administration (EBSA) oversees ERISA's reporting, disclosure, and fiduciary requirements for private-sector benefit plans.

Question 2

The Family and Medical Leave Act (FMLA) requires covered employers to provide eligible employees with up to how many weeks of unpaid leave per year?

Accepted Answer

12 weeks

Answer

FMLA entitles eligible employees at covered employers to take up to 12 weeks of unpaid, job-protected leave per year for qualifying family and medical reasons.

Question 3

Under HIPAA's privacy rule, what is the minimum necessary standard?

Accepted Answer

Sharing only the minimum PHI needed to accomplish a permitted purpose

Answer

HIPAA's minimum necessary standard requires covered entities to make reasonable efforts to use, disclose, and request only the minimum amount of protected health information needed for a particular purpose.

Question 4

Which law prohibits employment discrimination based on genetic information, including in employee benefits?

Accepted Answer

GINA

Answer

The Genetic Information Nondiscrimination Act (GINA) prohibits employers from using genetic information in employment decisions and from requesting genetic information for benefit eligibility.

Question 5

Under the ACA's employer mandate, what is the affordability threshold for 2024 based on employee-only premium cost relative to household income?

Accepted Answer

8.39%

Answer

For 2024, a plan is considered affordable under the ACA employer mandate if the employee's share of the self-only premium does not exceed 8.39% of their household income.

CBP - Certified Benefit Professional Practice Test

CBP - Certified Benefit Professional Practice Test

CBP Benefits Compliance and Regulations