Which of the Following Is Not an Important Consideration from the Employee's

question 50

Multiple Choice

Which of the following is not an important consideration from the employee's perspective regarding group benefits plans?

• A)Saving money on premiums for insurance
• B)Coverage for employees who are uninsurable
• C)Protection on top of government plans
• D)Improving staff retention

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Definitions:

Regulatory Capture

A theory that regulatory agencies may come to be dominated by the interests they're supposed to regulate, rather than serve the public interest.

Deregulation

The reduction or elimination of government power in a particular industry, usually with the aim of increasing competition and efficiency.

Industry Experts

Individuals with extensive knowledge and experience in a specific industry, often sought after for their insights and advice.

Government Subsidies

Financial assistance provided by the government to individuals, organizations, or industries to support economic activities deemed beneficial for the public.