Identify and discuss key issues in benefit planning, design, and administration. Be certain to discuss the four major administrative issues that arise on setting up a benefit package.
Your response should be at least 325 words in length. Please Cite
Healthcare is a major topic of interest. The cost of healthcare is increasing and employers have to determine what is best for the employees, while maintaining the company budget. Discuss the difference between the Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), Point-of-Service Plan (POS), Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs).