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If Adverse Selection Occurs for One or More Benefits in a Flexible

question 54

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If adverse selection occurs for one or more benefits in a flexible benefits plan,those benefits may be dropped from the plan.


Definitions:

Breccia

Breccia is a coarse-grained sedimentary rock composed of angular fragments of minerals or rocks cemented together, often formed in fault zones or as volcanic ejecta.

Sandstone

A sedimentary rock formed by the consolidation and compaction of sand, often containing minerals like quartz or feldspar.

Sedimentary Clasts

Pieces of rock or mineral fragments that are transported and deposited by wind, water, or ice, then compacted and cemented into sedimentary rock.

Breccia

A type of rock composed of broken fragments of minerals or rocks cemented together by a fine-grained matrix.

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