The best way for companies to decide whether or not the company can afford a benefit is on a _____ basis.
A) package
B) first dollar deductible
C) discounted cost
D) cost-centered

Question

Quizplus · Accepted Answer

A cost-centered analysis takes all the costs associated with a benefit into consideration, including the cost of implementation, administration, and any potential legal liabilities. By evaluating the total cost, a company can determine whether or not it can afford the benefit without negatively impacting financial performance.

The Best Way for Companies to Decide Whether or Not