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Which of the following is a strategy used by managers to control the costs of health care?Question 15Answera.offering defined benefit pension plansb.offering a short vesting period on pension plansc.offering long-term disability plansd.offering workers' compensation insurancee.offering wellness programs

Question

Which of the following is a strategy used by managers to control the costs of health care?Question 15Answera.offering defined benefit pension plansb.offering a short vesting period on pension plansc.offering long-term disability plansd.offering workers' compensation insurancee.offering wellness programs

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Solution

The strategy used by managers to control the costs of health care from the options provided is e. offering wellness programs.

Here's why:

a. Offering defined benefit pension plans: This is a retirement benefit and doesn't directly control health care costs.

b. Offering a short vesting period on pension plans: This is also related to retirement benefits and not directly linked to health care costs.

c. Offering long-term disability plans: While this is a health-related benefit, it doesn't necessarily control health care costs. It provides income protection for employees who are unable to work due to a disability.

d. Offering workers' compensation insurance: This is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment. It's a legal requirement in many places, but it doesn't control health care costs.

e. Offering wellness programs: Wellness programs are designed to promote health and prevent disease. This can lead to healthier employees, which can reduce the need for medical care and thus control health care costs.

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