All of the following are cost-containment practices designed to reduce benefit costs EXCEPT:
A)probationary periods.
B)provision of skills development training.
C)copay.
D)seeking competitive bids for benefit delivery.

Question

Quizplus · Accepted Answer

Provision of skills development training is not a cost-containment practice designed to reduce benefit costs. It may actually incur additional costs, but it is considered an investment in the development of employees and can ultimately result in improved performance and retention of skilled workers. The other options, including probationary periods, copays, and seeking competitive bids for benefit delivery, are commonly used cost-containment practices in employee benefit programs.

All of the Following Are Cost-Containment Practices Designed to Reduce