Asked by
William McKibbin
on Oct 17, 2024Verified
Limitations of a flexible benefit plan include all of the following except:
A) accurately predicting the number of employees that might choose each benefit is difficult
B) record keeping becomes more complicated
C) group rates for life and medical insurance are affected
D) employees complain about "topping out"
Flexible Benefit Plan
A benefits program allowing employees to choose from a range of benefits options, tailoring their package to meet personal needs.
Limitations
The restrictions or boundaries that define the scope or extent of something's capabilities or applications.
Employee Choice
The degree to which employees have the freedom to make decisions about their job or working conditions.
- Gain insights into the catalysts for the popularity and hurdles associated with flexible benefit programs.
Verified Answer
EA
Learning Objectives
- Gain insights into the catalysts for the popularity and hurdles associated with flexible benefit programs.