If your account compounded interest once every 10 years, well, then you'd have to wait 10 years to see any benefit from the compounding. Anyway, Sarah's account compounds monthly, or 12 times a year. That's our n, and it's a great one. We know our P is a whopping $25,000.
How to Apply. The Health Benefits Coordinator also takes part in designing the plans and handling their administration and regulatory compliance. The Coordinator conducts analysis, monitors the quality of available vendors, and shares that information with the Group Benefits department.
Some of the cons of offering health benefits are: 1  The costs. Health care costs have risen enormously in recent years. 2  The sometimes tense business of cost-sharing with employees. There is a way for a small employer to control costs and return certainty to the process: push any additional costs on to employees. 3  The administrative hassles.