“The Rocky Point School Board has voted to implement a flexible spending account plan. A

Question: “The Rocky Point School Board has voted to implement a flexible spending account plan. A survey of employees has shown that employees’ preferences are distributed among an array of possible benefits and services. To include all of them would result in high per person costs.” “What process should be used to decide what benefits and services will be included? “The Rocky Point School Board has voted to implement a flexible spending account plan. A survey of employees has shown that employees’ preferences are distributed among an array of possible benefits and services. To include all of them would result in high per person costs.”
“What process should be used to decide what benefits and services will be included?
Should specific benefits (e.g., health, medical, and dental insurance) be required in order to lower per person costs for all employees, or should employees be allowed to choose whatever they please as long as they are willing to pay the cost from their flexible spending account?
Is it fair for the school district to keep the funds from an unexpended flexible spending account? How should these funds be used?”
100% (1 rating)Hii bro. I already did this type of question before once…I hope that the answer is useful to you…i just tried to help you… ANSWER:- Question 1. The process of deciding which benefits and services will be included should consider the preferences…View the full answer