Administrative and real costs for employee extended benefits plans are higher than for large businesses, making it even tougher form small firms to offer coverage to their employees.

Question

Quizplus · Accepted Answer

This statement is true. Due to the smaller size of small businesses, the administrative and real costs for employee extended benefits plans are spread over fewer employees, making them relatively higher than for large businesses. This can make it more difficult for small firms to offer coverage to their employees.

Administrative and Real Costs for Employee Extended Benefits Plans Are