Meredith, the general manager of an IT firm, is planning to introduce certain new strategies to control and reduce the health care benefit costs to her company. Which of the following is most likely to be included in her list of strategies?
A) Decreasing copayments
B) Eliminating high-deductible plans
C) Switching to consumer-driven health plans
D) Avoiding managed care

Question

Quizplus · Accepted Answer

Switching to consumer-driven health plans is likely to be included in Meredith's list of strategies as it is a popular approach used by companies to control and reduce health care benefit costs. Consumer-driven health plans put employees in control of their own health care spending by offering them a fixed amount of money, typically in the form of a health savings account, which they can use to pay for health care expenses. This approach often results in employees being more careful and selective in their health care spending, which in turn can help to reduce overall costs. Decreasing copayments and eliminating high-deductible plans are unlikely to be included in Meredith's strategies as they would likely increase health care costs for the company. Avoiding managed care is also unlikely to be a strategy as managed care can help to control and reduce health care costs by negotiating discounted rates with health care providers.

Meredith, the General Manager of an IT Firm, Is Planning