Asked by
Daijhnea Joseph
on Oct 16, 2024Verified
Which plan allows you to tailor your benefit plan to suit your needs and even trade off benefits that are not important to you?
A) health care spending accounts
B) simplified flex plan
C) flexible benefits plan
D) fixed benefits plan
Health Care Spending Accounts
Accounts that allow employees to set aside pre-tax dollars to pay for eligible health care expenses not covered by their insurance.
Fixed Benefits Plan
A type of employee benefits plan where the benefits provided are predetermined and not based on individual performance or company profitability.
- Gain insight into the drivers and barriers in the execution of flexible benefit schemes.
Verified Answer
VZ
Learning Objectives
- Gain insight into the drivers and barriers in the execution of flexible benefit schemes.
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