Exam 4 Group Dental Insurance Group Insurance Benefits

1. Which of the following statements iscorrectabout company wellness programs HTMLCONTROL Forms.HTMLOption.1 A.Theyre typically initiated by small companies with only a few employees. HTMLCONTROL Forms.HTMLOption.1 B.Such programs are very seldom integrated with managed care plans. HTMLCONTROL Forms.HTMLOption.1 C.The costs of such programs are often offset by the lowered costs of medical expenses. HTMLCONTROL Forms.HTMLOption.1 D.No evidence indicates that such programs increase productivity or employees sense of well-being. 2. A good reason for an employer to convert its traditional benefits program to a cafeteria plan is to HTMLCONTROL Forms.HTMLOption.1 A.reduce employee discontent. HTMLCONTROL Forms.HTMLOption.1 B.reduce the risk of adverse selection. HTMLCONTROL Forms.HTMLOption.1 C.lower costs. HTMLCONTROL Forms.HTMLOption.1 D.better manage negotiations with unions. 3. Why would an employer consider having a shorter dental probationary period HTMLCONTROL Forms.HTMLOption.1 A.To reduce the volume of first-year claims HTMLCONTROL Forms.HTMLOption.1 B.To make sure the employees dental health is acceptable HTMLCONTROL Forms.HTMLOption.1 C.To provide care immediately to avoid greater dental problems later HTMLCONTROL Forms.HTMLOption.1 D.To attract and retain new employees 4. Simpson, Inc. is seeking increased available cash for investment purposes. The companys chief financial officer (CFO) examines the companys funding methods for group insurance, and finds a way to use insurance payments for an extra three months.