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The cost of healthcare benefits is generally one of the largest people related expenses at any company and is therefore a very strategic part of an overall benefits plan. Healthcare is particularly important in the benefits realm due to recent changes in legal requirements as well as the overall rising cost of healthcare. The SHRM article on “Employers Plan Strategic Changes to Health Benefits”,identifies four different strategies to combat the rising costs of health benefits. After having read this article, rank each strategy according to your evaluation of its potential effectiveness in your organization and also by the ease of implementation (including resources needed, anticipated employee reaction, morale, and any other material considerations.
 
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