Loki Anderson asked: Eva, do you or anyone else on the list know what is meant by "cafeteria-style" benefit plans? That particular phrase is new to me.
[TB] A cafeteria plan is a plan where each employee is given a sum of money and allowed to "spend" it on his/her choice of benefits. Each benefit has a price. For example medical insurance may cost $1,800, dental $400, disability $1,000, dependent medical $1,500, child care $4,000. Sometimes even vacation days are included in the mix. Each employee will then decide which of the benefits they want, it gets the name because it is like going down a cafeteria line and picking out what you want to eat. In the Minneapolis case the theory is that it does an end run around the prohibition against offering health insurance to anyone other than a married spouse and children. The plans are generally popular with employees because they can get what is important to them. Maybe they don't have kids and don't particularly care about daycare benefits but they generally have high medical bills and want the best coverage they can get. Terrell Brown Loring Park __________________________________________________ Do You Yahoo!? Send FREE video emails in Yahoo! Mail! http://promo.yahoo.com/videomail/ _______________________________________ Minneapolis Issues Forum - A Civil City Civic Discussion - Mn E-Democracy Post messages to: [EMAIL PROTECTED] Subscribe, Unsubscribe, Digest option, and more: http://e-democracy.org/mpls
