Allen, the CEO of a company, considers dropping medical insurance from the list of benefits provided to its employees. Monique, the operations director, disagrees with Allen by stating that medical insurance is a high-value benefit. Which of the following supports Monique's statement?
A. Companies that do not provide medical insurance cannot have their retirement plans considered as qualified plans.
B. Medical insurance plans do not cover mental illness.
C. A health insurance rate is higher than a general insurance rate.
D. Most employees do not appreciate what health insurance costs the employer.
E. Employees usually realize that surgery or a major illness can be financially devastating.
Answer: E
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