COBRA Knowledge Quiz

COBRA Knowledge Quiz

9th Grade

25 Qs

quiz-placeholder

Similar activities

Personal Finance Teen Review

Personal Finance Teen Review

9th - 12th Grade

21 Qs

Job Benefits

Job Benefits

9th - 12th Grade

20 Qs

Geometry review

Geometry review

9th - 12th Grade

20 Qs

Banking Unit Review

Banking Unit Review

9th Grade - University

20 Qs

Personal Income 101

Personal Income 101

9th - 12th Grade

25 Qs

Insurance Quiz

Insurance Quiz

9th Grade - University

20 Qs

Budget

Budget

9th Grade

20 Qs

Chapter 9

Chapter 9

9th - 12th Grade

30 Qs

COBRA Knowledge Quiz

COBRA Knowledge Quiz

Assessment

Quiz

Mathematics

9th Grade

Hard

Created by

Sharon Wilkerson

FREE Resource

25 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does COBRA stand for?

Consolidated Omnibus Budget Reconciliation Act

Comprehensive Omnibus Budget Reconciliation Act

Consolidated Omnibus Benefit Reconciliation Act

Comprehensive Omnibus Benefit Reconciliation Act

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of COBRA?

To allow you to keep your employer's health insurance after losing your job

To provide free health insurance to unemployed individuals

To offer discounted health insurance plans

To mandate health insurance for all employees

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

COBRA applies to companies with how many employees?

20+ employees

10+ employees

50+ employees

100+ employees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under COBRA, what is the cost responsibility for the health plan?

You pay the full cost

The employer pays the full cost

The government subsidizes the cost

The cost is shared between you and the employer

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When can you use COBRA?

If you lose your job due to gross misconduct

If your work hours are reduced, making you ineligible for the company's health plan

If you experience certain life events

If you voluntarily quit your job

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a reason to use COBRA?

Losing your job (except for gross misconduct)

Experiencing certain life events

Voluntarily quitting your job

Reduction in work hours making you ineligible for health plan

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these events might be the most common reason for using COBRA?

Death of the employee

Divorce from the employee

Child no longer qualifies as a dependent

Employee becomes eligible for Medicare

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?