After studying this chapter, you should be able to do the following:

13-1 Discuss the strategic value of benefits programs, why these programs continue to grow, and considerations that need to be taken into account in providing benefits.

13-2 Identify and summarize the major components of OASDI and the Medicare program.

13-3 Identify the statutory requirements other than OASDI, including those required if organizations choose to provide health care or retirement plans for their employees.

13-4 Briefly describe the main categories of voluntary benefits available to organizations.

13-5 Discuss the organization’s options when providing flexible benefit plans and why benefit plans need to be communicated to employees.

13-6 Discuss the issue of domestic partner benefits and review the issues in personalization of health care.