Asked by
Joemarc Vecino
on Oct 17, 2024
Verified
One of the drawbacks of flexible benefit plans is they are very expensive,especially for health care.
Flexible Benefit Plans
Flexible benefit plans, often part of an employee's compensation package, allow individuals to choose from a range of benefits options to tailor their benefits according to their needs.
Health Care
The organized provision of medical services to individuals or communities for the purpose of promoting, maintaining, monitoring, or restoring health.
- Gain insight into the significance and challenges of diverse benefits schemes in the context of organizations.
Verified Answer
SR
Learning Objectives
- Gain insight into the significance and challenges of diverse benefits schemes in the context of organizations.
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