Asked by
Leoniella Santiago
on Oct 16, 2024
Verified
What benefit system provides employees with the choice between two or more fixed plans?
A) modular benefits plan
B) "core" benefits plan
C) flexible benefits plan
D) "Beneflex" plan
Modular Benefits Plan
A flexible employee benefits package that allows individuals to choose from a range of options to tailor coverage to their specific needs.
Core Benefits Plan
Essential benefits provided by an employer, including health insurance, retirement plans, and disability coverage.
Beneflex Plan
A flexible benefits plan allowing employees to choose from a range of benefits to tailor their compensation package to their personal needs and preferences.
- Understand the elements that facilitate and obstruct the deployment of flexible benefit programs.
Verified Answer
KM
Learning Objectives
- Understand the elements that facilitate and obstruct the deployment of flexible benefit programs.