Question

What is a cafeteria plan? Do you think this is an effective way to provide health...

What is a cafeteria plan?

Do you think this is an effective way to provide health insurance benefits to employees?

Perform an Internet search and locate a company that provides a cafeteria plan and report back to the discussion board on what the company offers.

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Answer #1

Cafeteria plan is an employee benefit plan that allows staff to choose from a variety of pretax benefits, "flexible benefit plan" or Section 125 plan.

Cafeteria plan selections include insurance options, such as contributions to health savings accounts, or group term life insurance and disability insurance. Other popular selections include retirement plan contributions, adoption assistance plans, flexible spending accounts, and cash benefits. Flexible plan selections allow employees to tailor a cafeteria plan to their specific needs.

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