15) Which of the following statements about health insurance and Cobra is true? a) Cobra requires employers to permit employees to extend health insurance coverage at group rates for up to 36 months b) Health Maintenance Org. (HMO) require employees to use only HMO services & provide benefits on a prepaid basis c) Preferred Provider Org. (PPO) contract with employers and insurance carriers to provide care at reduced fees d) All of the Above 16)

Employee stock ownership programs, employee stock purchase program and profit sharing are all examples of group incentives. What is the most likely reason that firms are implementing group incentive plans? a) Rising cost of health benefits b) Expected loss of older workers c) Heavy reliance on teams to manage work d) None of the above