Final answer:
Moving to a defined-benefit pension plan will increase the cost of benefits to employers, while encouraging healthy lifestyles and informing employees about the cost of benefits can decrease the cost. Increasing deductibles on prescriptions can also reduce the cost for employers. Option c
Step-by-step explanation:
Of the options given, moving to a defined-benefit pension plan will increase the cost of benefits to employers. A defined-benefit pension plan is a retirement plan where the employer guarantees a specific benefit amount to employees upon retirement, based on factors such as years of service and salary.
This type of plan requires the employer to contribute more funds to ensure that they can meet the promised benefits.
On the other hand, encouraging employees to live healthy lifestyles and keeping them informed about the cost of benefits can actually decrease the cost of benefits to employers. When employees are healthy, they are less likely to require expensive medical treatments, and when they are informed about the cost of benefits, they may make more cost-conscious decisions.
Similarly, increasing the deductibles on prescriptions can also reduce the cost of benefits to employers. Higher deductibles incentivize employees to be more cautious and selective when using prescription medications, which can lead to lower healthcare costs. Option c