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Health Reimbursement Account (HRA)

WEBA health reimbursement account (HRA) is a health coverage or health benefit plan that is approved by the Internal Revenue Service (IRS). It is a health plan …

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URL: https://thebusinessprofessor.com/employment-law/health-reimbursement-account-definition

The Affordable Care Act

WEBThe Affordable Care Act in 2014 (ACA) changes the insurance landscape considerably. The ACA requires that all US citizens purchase health insurance either …

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Common Health Insurance Plan Characteristics

WEBA HDHP is a plan that provides a stated rate of health expense coverage after a high annual deductible amount is paid by the insured. Once the insured covers …

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Health Maintenance Organization

WEBA health maintenance organization (HMO) is a public or private body of medical insurance providers that offers health insurance coverage in lieu of a fee. The …

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Health Insurance Portability and Accountability Act (HIPAA)

WEBWhat is the The Health Insurance Portability Accountability Act of 1996? The Health Insurance Portability and Accountability Act of 1996 (HIPAA) is a primary law …

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Health Economic Growth Climate

WEBWhat is a Healthy Climate for Economic Growth? While physical and human capital deepening and better technology are important, equally important to a nation’s …

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Children's Health Insurance Program

WEBBack To: INSURANCE & RISK MANAGEMENT What is the Childrens Health Insurance Program? The Childrens Health Insurance Program is a medical program …

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Occupational Safety and Health Act

WEBThe Occupational Safety and Health Act (OSHA) was passed to regulate safety conditions for employees in the work places of private employers with 20 or more …

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Combined Ratio (Insurance)

WEBThe combined ratio is a simplified measure used by an insurance company to evaluate its profitability as well as financial health as a way of measuring its day-to …

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Administrative Management Theory

WEBWhat is Administrative Management Theory? Administrative Management Theory focuses on how management and workers are organized within a business to …

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Accidental Means (Insurance)

WEBAccidental means is a provision under an insurance policy that covers losses incurred by an insured. This is an insurance policy that provides coverage for losses, …

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Attribution Theory

WEBAttribution theory, proposed by Fritz Heider (1958), is a social psychology theory that deals with how individuals relate and make sense of the social world. More …

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Family Medical Leave Act ( FMLA )

WEBWhat is the Family Medical Leave Act? The Family Medical Leave Act (FMLA) was passed to provide covered employees (both male and female) with time …

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Administrative Agencies

WEBAdministrative agencies assist the legislative branch in developing and the executive branch in executing laws. Administrative agencies include departments, …

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Loudermill Rights

WEBThe documentary notice is also known as Loudermill letter. With Loudermill rights, the employee is able to highlight any mistakes, can point out any prejudices if …

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Marketing Affects the Economy

WEBMarketing decisions affect how resources are allocated or distributed throughout the system. That is, it determines who has access to and can obtain …

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Blake and Mouton's Leadership Model (Managerial Grid)

WEBThe managerial grid, also known as the management grid, was proposed by Robert Blake and Jane Mouton, and is a behavioral leadership model. Pursuant to this …

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