ARC Softech Inc. has 15 employees including William (owner)

ARC Softech Inc. has 15 employees including William (owner) and Cindy (office staff). They have an existing group plan that offers basic Extended Medical and Dental coverage, without deductibles, co-insurance, or annual maximums. The plan does not cover Short-Term Disability since they are all covered by Employment Insurance (EI). The plan offers Long-Term Disability (LTD) coverage of 66 2/3% of base salary to a maximum of $2,000 per month. Everyone is covered by Worker’s Compensation Benefits (WCB). Following your assessment of existing coverage, you determine that expanded coverage for ARC Softech Inc. is warranted in order to remove the maximum per month from the LTD benefit. Which of the following would be the BEST option to expand the existing coverage without increasing the total cost? 

a)cancel the extended medical coverage and use the premium reductions to increase the maximum LTD benefit 

b)add an annual deductible to the extended medical and dental coverage and use the premium reductions to increase the LTD maximum benefit 

c)re-write the LTD to a non-occupational plan and use the premium savings to increase the maximum LTD benefit 

d)cancel the dental coverage and use the premium reductions to increase the maximum LTD benefit