Arrangements Where Employers Allocate a Specific Amount of Money for Each

question 2

Multiple Choice

Arrangements where employers allocate a specific amount of money for each of its employees, who then select the particular benefit or package of benefits that best suits their individual needs is known as a(n) :

• A) cafeteria plan
• B) family plan
• C) COBRA
• D) HMO

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Definitions:

Simplify

To make something easier to understand or less complex.

Complex Subjects

Topics or themes that are intricate and complicated, often requiring specialized knowledge or deeper thinking to understand fully.

Medium Length Sentences

Sentences that are of moderate length, often used to convey information clearly without oversimplification or excessive detail.

Relationships

Pertains to the connections or associations between two or more individuals, groups, or entities, which can be professional, personal, or social in nature.