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It allots employees a fixed amount of money and allows them to spend that amount in the purchase of benefit options. It leads employers to
It allots employees a fixed amount of money and allows them to spend that amount in the purchase of benefit options. It leads employers to adopt new benefits offered by a competitor without careful consideration. It assumes that demographic groups can be identified and that benefit preferences are fairly consistent across members of each group. It assumes that meaningful differences exist between groups in terms of benefit preferences
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