All of the Following Are Cost-Containment Practices Designed to Reduce

question 7

Multiple Choice

All of the following are cost-containment practices designed to reduce benefit costs EXCEPT:

• A)probationary periods.
• B)provision of skills development training.
• C)copay.
• D)seeking competitive bids for benefit delivery.

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Definitions:

Middle Class

A socioeconomic group positioned between the working class and upper class, characterized by moderate income, educational attainment, and occupational status.

Real Median Household Income

The midpoint of household income distribution after adjusting for inflation, which represents the purchasing power of a typical household.

Squeeze

A financial or economic situation where resources such as money are limited, leading to pressure on individuals or families.

Americans

Citizens of or people living in the United States of America.