Describe the two general strategies for controlling medical benefit costs.
What will be an ideal response?
There are two general strategies available to benefit managers for controlling the rapidly escalating costs of health care. First, organizations can motivate employees to change their demand for health care through changes in either the design or the administration of health insurance policies. Included in this category of control strategies are: deductibles, coinsurance rates, maximum benefits, and coordination of benefits. The second cost strategy involves promotion of preventive health, or wellness programs. Various wellness initiatives in Canada include EAP initiative, CPR courses, staff appreciation events, flexible work program, communicate wellness, ergonomic assessment, and health awareness.
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Applying the direct method, the gain or loss from retirement of debt is reported under cash flows from operating activities on the statement of cash flows.
Answer the following statement true (T) or false (F)
Shortly after a team enters a competition, the team:
a. Experiences a decrease in cohesion b. Experiences an increase in internal conflict c. Experiences an increase in group spirit d. Experiences a decrease in productivity
________ is the process by which new products are likely to be adopted, the rate at which they will be adopted, and the process through which the products will spread into markets.
Fill in the blank(s) with the appropriate word(s).
All of the following are classified as software EXCEPT:
a. Internet browsers b. spreadsheets c. modems d. e-mail organizers e. word processing