Under Which of the Following Cost Containment Strategies Are the Benefits

question 43

Multiple Choice

Under which of the following cost containment strategies are the benefits of an employee reduced by any benefits payable under his or her spouse's plan?

• A)coordination of benefits
• B)deductibles
• C)coinsurance
• D)administrative cost containment
• E)benefit maximums

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Definitions:

Performance Evaluations

A systematic process by which an organization assesses an individual employee's job performance and productivity, often used to inform decisions about promotions, salary adjustments, and training needs.

LMX Theory

Leader-Member Exchange Theory, a concept in organizational behavior that suggests leaders develop unique one-on-one relationships with each of the people reporting to them.

Nature Of Exchange

The fundamental characteristics and dynamics of how goods, services, or ideas are traded between entities.

In-Groups

Social circles or groups within an organization or society to which members feel an intrinsic part of and identified with, influencing their interactions and decision-making processes.