Why would a company consider increasing the amounts that employees have to pay towards their benefits by increasing premiums or deductibles?
A)To comply with ERISA guidelines
B)To encourage early retirement
C)To contain costs
D)To limit workers' compensation claims

Question

Quizplus · Accepted Answer

Increasing the amounts that employees have to pay towards their benefits by increasing premiums or deductibles is one way for a company to contain costs. It shifts some of the burden of healthcare expenses onto the employees, reducing the company's financial obligations. This can help the company save money on healthcare expenses, which helps the company's bottom line.

Why Would a Company Consider Increasing the Amounts That Employees