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In Order to Keep Ballooning Health Costs Under Control,one Benefit

question 36

Multiple Choice

In order to keep ballooning health costs under control,one benefit consulting company (William M.Mercer) recommends that employers do all the following except:


Definitions:

Oil Refinery

An industrial process plant where crude oil is processed and refined into more useful petroleum products, such as gasoline, diesel fuel, and heating oils.

Licensing

A business arrangement in which one company allows another to use its trademark, patent, software, or other intellectual property for a fee or royalty.

Contractual Agreement

A legally binding agreement between two or more parties with mutually agreed-upon terms and conditions.

Royalty

A payment made to the owner of certain types of rights, such as patents or copyrights, for the use of their property by others.

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