You meet with an employer, your client, for the annual renewal of his group insurance plan. Responsible for paying half the planis costs and currently going through a period of francial difficulty, the employer is looking to reduce the total premium of the plan, in particular that for. drug benefits, where the disastrous claims experience of the past two years has resultedin a very significant increase in the premium for this coverage. The current drug benefit coverage includes an annual deductible of $25 per member and an 80% coinsurance factor. Which of the following modifications would you recommend to the employer to reduce the plan's costs? 

Eliminate the 80% coinsurance. 

Eliminate the $25 deductible per member. 

Increase coinsurance to 90%. 

Increase the deductible to $50 per member

Answer rating: 100% (QA)

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