Which characteristic best describes a full-flex plan?

A full-flex plan is characterized by the ability for employees to choose from a wide range of benefits. This flexibility allows employees to tailor their benefits package according to their individual needs and preferences. By offering a variety of options, such as health insurance, dental plans, life insurance, and other benefits, employees can select the combinations that best fit their personal circumstances and financial goals.

Additionally, full-flex plans often include a core set of mandatory benefits that all employees must enroll in, along with optional benefits that they can choose to add based on their lifestyle or family needs. This structure empowers employees and enhances engagement with the benefits program, as they are able to personalize their benefits significantly.

In contrast, options that suggest limited choice, mandatory enrollment in basic coverage for all employees, or a complete cash replacement for benefits do not align with the key feature of a full-flex plan, which is centered on employee choice and customization.