For Employers,the Cost Advantages of Defined-Contribution Health Plans Include All

question 111

Multiple Choice

For employers,the cost advantages of defined-contribution health plans include all of the following EXCEPT

• A) increases in health-care costs are shifted to employees.
• B) employees must control their own health-care usage.
• C) employer's contributions are limited to a set amount.
• D) unused funds in employee accounts roll back to the employer at the end of the year.

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Definitions:

Conjunction

A logical operator that connects two propositions or statements and requires both to be true in order for the whole conjunction to be true.

Probability Calculus

A branch of mathematics dealing with calculating the likelihood of various outcomes in uncertain situations.

Complex Event Probabilities

The calculation of the likelihood of outcomes that involve two or more independent events occurring.

Intuitive Judgment

A decision-making process that relies on immediate, gut reactions rather than deliberate, logical analysis.