A. When designing a flexible benefits program, what are some options employers have?
B. Flexible benefits options include cafeteria-style benefits plan, modular benefits plan, and core-plus options plan. Similar to a buffet, the cafeteria-style benefits allow employees to choose the benefits that suit their particular needs or wants. The modular benefits plan, on the other hand, has a number of pre-packaged benefit sets that employees can choose from; while, the core-plus options plan provides employees with a basic level of protection and then allows employees to augment their plan by choosing various options.
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