Which of the Following Is a Method to Contain the Costs

question 11

Multiple Choice

Which of the following is a method to contain the costs of benefits?

• A) making contribution changes, such as deductibles
• B) eliminating benefit caps
• C) increasing benefits coverage
• D) making cuts to mandatory benefits

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Definitions:

UCC

The Uniform Commercial Code represents a detailed collection of statutes that regulate every commercial transaction across the United States.

Electronic Check Presentment

A process that allows financial institutions to exchange digital images of checks instead of physical checks for faster processing.

Substitute Checks

Digital or paper reproductions of original checks that are legally equivalent for processing payments.

UCC

A complete collection of regulations that oversee business dealings within the United States, known as the Uniform Commercial Code.