The Omnibus Budget Reconciliation Act of 1993 does not require which of the following?
A)Group health coverage be offered for children placed for adoption before the adoption is final
B)Group health plans honor qualified medical child support orders
C)Tax deductions for executive pay be capped at $1,000,000 per year
D)Income tax be withheld from some distributions to rollover accounts

Question

Quizplus · Accepted Answer

The Unemployment compensation amendments of 1992 required 20 percent withholding from some distributions.
Key Takeaway: OBRA capped executive pay, required that group health coverage be offered when children are placed for adoption before it is finalized, and required health plans to honor qualified medical child support orders.

The Omnibus Budget Reconciliation Act of 1993 Does Not Require