Which of the following statements is true of employee benefits?
A)Employers can substitute insurance benefits for job security.
B)Group insurance benefits has relatively easy qualification standards.
C)Most employee benefits are taxable.
D)Many group-based benefits are obtained at a higher rate than could be obtained by employees acting on their own.

Question

Quizplus · Accepted Answer

Group insurance benefits typically have easier qualification standards because they cover a large number of people, reducing the risk for insurers.

Which of the Following Statements Is True of Employee Benefits