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Author: International Foundation of Employee Benefit Plans Published: 6/7/2017 Item #: EL92

When a consumer shops, the cost and quality of an item will affect the purchasing decision. These factors will be considered with varying levels of importance. The same is true for choosing a health care plan. The cost of the plan and the expected quality of the care should be considered. While each consumer will value these differently, it is important to understand the impact of both to make informed decisions.

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