Ask Question
BusinessBusiness
1 July, 08:14

As part of the efforts to bring down the employee benefits cost to the company, GrindStop Corp. restricts the number of visits to the dentists covered in the dental plan to two per year. Which of the following cost-containment strategies is used by GrindStop? A. CopayB. Benefit limitationC. Administrative cost containmentD. Wellness program

+2
Answers (1)
  1. 1 July, 09:10
    0
    B. Benefit limitation

    Explanation:

    Benefit Limitation means the annual (a) Code Section 401 (a) (17) limitations on the compensation of a Participant which may be taken into account for the purposes of the Company contributions.

    Since, GrindStop Corp wants to save on business cost, they put limitations on how many times an employee visits the dentist.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “As part of the efforts to bring down the employee benefits cost to the company, GrindStop Corp. restricts the number of visits to the ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
These items are taken from the financial statements of Carla Vista Co. for 2022. Retained earnings (beginning of year) $33,380 Utilities expense 2,150 Equipment 63,800 Accounts payable 18,340 Cash 14,300 Salaries and wages payable 5,510 Common stock
Answers (1)
In terms of foodservice layout design, a 'work station' is a small area at the back of the dock
Answers (1)
What element of a crisis management plan defines the process that should unfold once an issue or crisis is identified?
Answers (1)
A company purchased $3,600 worth of merchandise. transportation costs were an additional $315. the company later returned $250 worth of merchandise and paid the invoice within the 3% cash discount period.
Answers (1)
suppose that a new alloy is invented which uses copper and zinc in fixed proportions where 1 unit of output requires 3 units of copper and 3 units of zinc for each unit of alloy produced.
Answers (1)
New Questions in Business
Assume that a $1,000 bond issued in 2015 pays $100 in interest each year. What is the current yield on the bond if it can be purchased for $1,200? Enter your answer in percent form and to one decimal place. For example, if your answer is 0.034 (3.
Answers (1)
Flex Co. just paid total dividends of $975,000 and reported additions to retained earnings of $2,925,000. The company has 675,000 shares of stock outstanding and a benchmark PE of 16.9 times. What stock price would you consider appropriate?
Answers (1)
Improving performance and striving for a better career is an example of ...
Answers (1)
When dvds and hamburgers were the same price, mavis consumed 3 hamburgers and 5 dvds, and mavis received 10 utils from the last hamburger and 15 utils from the last dvd consumed.
Answers (1)
When a commercial seller's agent invites other brokers to act as subagents to procure a buyer, who is compensated when the property sells?
Answers (1)
Home » Business » As part of the efforts to bring down the employee benefits cost to the company, GrindStop Corp. restricts the number of visits to the dentists covered in the dental plan to two per year.
Sign Up Forgot Password?