o go For this assignment, assume that you are the Benefits Manager for a company that employs hundred full-time workers. The president of the company has asked you to research health insurance options for the employees. The president also asked that you recommend two plans and explain them in a memorandum to the staff. You may consider fee-for-service/indemnity plans, managed care plans, or commercial/private health insurance plans Prepare a 500-word memorandum with your findings. Conduct external research on the Internet to locate a memorandum template to follow so that the format of your document is correct. Be sure that the memorandum is professional in appearance. In your memorandum, thoroughly address each of the following items: 1. State the name of the business and briefly mention what the company does. For example, is this a service business or a manufacturing business? What service do they provide or what product do they make? 2. Explain the employer coverage mandate. 3. Identify the two plans that you are recommending. 4. How are the two plans that you are proposing similar, and how are they different? 5. How does cost-sharing function under each of your proposed plans? 6. How are the premiums, deductibles, and co-pays structured for each of your proposed plans? 7. To help offset any cost to the employee, what other benefits could be offered? 8. Discuss whether or not there is any advantage to this company being selfinsured.