True or False: Calculated health care rates need to be linked to a benefit plan, vs flat rates which are already included in the benefit plan setup?

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The assertion is true because calculated health care rates require a specific linkage to a benefit plan. This connection ensures that the rates, which can fluctuate based on various factors such as employee demographics or usage patterns, are accurately applied and managed within the context of the selected benefit plan.

In contrast, flat rates are predefined and integrated into the benefit plan setup, meaning that they do not need to be linked in the same manner because they remain constant and are directly embedded in the structure of the plan. This distinction is crucial in Workday's configuration for benefits administration, as it helps ensure that the correct rates are applied during payroll processing and employee communications.

This approach allows for a flexible and dynamic management of health care costs while providing clarity and ease of administration during open enrollment or when employees select plans. Understanding this difference is essential for effectively managing health care benefits in Workday.

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