6. Criteria to use when choosing a health insurance plan Choosing the type of health insurance coverage that is best for you involves: - Determining your needs - Deciding how much you can afford to poy - Determining what risks you can assume - Assessing your preference for a particular plan's approach to health care As you complete the following scenario statements using the dropdown menus, conslder the different issues for future use in determining your own needsi So Many Options, So Many Types of Plans Kate, who just accepted employment with a firm that offers a cafeteria-style benefit plan, has called you foc advice and answers to questions about consumer directed health plans benefit plans. Which of the following statements regarding cafeteria benefit plans is correct? Check ail that apply. Cafeteria plans cannot be expanded to include additionaf benefits - even it the employee is willing to pay their additional cost. A cafeteria plan offers an employee an opportunity to select the benefits that best fit the employee's lifestyle and finanoiai circumstances. The benefits frequently offered through flexible benefit plans include several types of health, life, and disabiity insuraoce. Consumer-directed benefit plans can include accounts that exhibit differences in their tax status, portability (in the event you leave your job), and benefit carryover from year-to-year. To better compare the differences between health reimbursement accounts (HRAs), health savings accounts