Companies can generally choose from which four programs for financing their discretionary benefits plans.(Basic Design Considerations for Discretionary Benefits)

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Noncontributory, contributory, and employee-financed plans are all commonly used methods of financing discretionary benefits. Choosing a combination of these three methods allows companies to tailor their benefit plans to the needs of their employees while also managing costs. Alternative managed care is not a financing method for discretionary benefits, but rather a type of health insurance plan.

Companies Can Generally Choose from Which Four Programs for Financing