These are the 4 most common types of cafeteria plans. (Types of Flexible Benefit Plan Arrangements)
A) Premium-only, mix-and-match, core-plus-option, reduction
B) Reduction, modular, core-plus-option, mix-and-match
C) Material modification, mix-and-match, core-plus-option, modular
D) Mix-and-match, material modification, premium-only, reduction
Correct Answer:
Verified
Q6: Under cafeteria plans,employers grant employees the opportunity
Q16: Flexible premium accounts usually apply to expenses
Q17: Premium-only payment systems refer to payment arrangements
Q18: If employees don't choose the maximum benefits
Q20: Employers must supply employees with updated summary
Q22: Longer waiting periods is one way companies
Q25: Mix-and-match allow employees to purchase any benefit
Q26: ERISA sets forth legally required disclosure requirements.(Legal
Q26: Employees are mandated to participate in lifestyle
Q54: These are the three types of utilization
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents