What Are Some Employers Doing to Combat the Rising Costs

question 22

Multiple Choice

What are some employers doing to combat the rising costs and complexity of the health care system?

• A) taking on more of the cost and paying for it with their annual profits
• B) ignoring the trends and staving off adaptation to changing health care policies
• C) passing increased costs on to their employees
• D) lobbying the government to make changes in their favor

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Definitions:

All-Season Passes

Tickets or passes that grant holders access to a facility, service, or event across all seasons of a year, often seen in theme parks or ski resorts.

Unconscionable

Refers to something not right or fair, often in a legal context to describe terms that are excessively unfair to one party.

Benefits

Various forms of value, such as medical insurance, retirement plans, or paid leave, provided to employees in addition to wages or salaries.

Agreement

A meeting of two or more minds in regard to the terms of a contract; usually broken down into two events—an offer by one party to form a contract, and an acceptance of the offer by the person to whom the offer is made.