Asked by
Jennifer Samano
on Nov 18, 2024Verified
Which of the following has become a common part of flexible benefit programs?
A) long-term disability
B) life insurance
C) buying and selling vacation time
D) medical coverage
E) prescription drug coverage
Flexible Benefit Programs
Employee benefit plans that allow individuals to choose from a range of options best suited to their personal needs or situations.
Medical Coverage
Insurance or plans that provide reimbursement or direct payment for healthcare services to the insured individuals.
Prescription Drug Coverage
A health insurance benefit that helps pay for prescribed medication.
- Comprehend the principle and varieties of flexible benefit schemes.
Verified Answer
KC
Learning Objectives
- Comprehend the principle and varieties of flexible benefit schemes.