Cost of medical benefits, A firm discovers that the cost of

Cost of medical benefits

Assignment Help Business Management

Reference no: EM1377114

A firm discovers that the cost of its medical benefits has raised far beyond what was expected, and further increases are projected.

1. List the alternatives available to bring medical costs under control
2.Compare and contrast the advantages and disadvantages if each alternative for controlling costs.
3. What input, if any, should employees have in evaluating various alternatives to contain healthcare costs?
4. How can employee input best be solicited? How can decisions, once reached, best be communicated to employees?

Reference no: EM1377114

Questions Cloud

Develop a cure for cancer : Develop a cure for cancer - Your cure may consist of a drug or treatment that would be intended for patients who already have cancer

Role of the compensable factors in the rating : Describe with examples how the knowledge or skill needs of a job drive the evaluation rating and also describe with example the role of the other compensable factors in the rating.

Summary of competition and explanation : Suppose that you and your two partners wish to start a firm that specializes in special occasion gift baskets for individual and corporate clients.

Characteristics of control system : Night Tran Construction Corporation specializes in making small power plants, mostly for utility firms. The firm was awarded a contract approximately two years ago to make such a power plant.

Cost of medical benefits : A firm discovers that the cost of its medical benefits has raised far beyond what was expected, and further increases are projected.

Design and implement an applet called circles : Design and implement an applet called Circles that draws 50 circles of random diameter in random locations. If the diameter of a circle is less than a certain value, the circle is ?lled with the color yellow.

Standardizing employee selection programs : Suppose you are the Sales Manager for Technocrat Gizmos, and your section is in desperate need of new Sales Associates. You post a job description in a local newspaper

Question about planning process : Kim Allred is relatively new as a caretaker, having been promoted only two months before and before her promotion, she had worked for the company for 7-years as a sales specialist in office equipment.

Prepare a research strategy : A research strategy is a plan of action that gives direction to your efforts enabling you to conduct your research systemically rather than haphazardly.

User Account

All Pages