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cchotshot
09.06.2020 • 
English

Health insurance protects a person from a loss due to injury or illness. How is offering a health care package to employees a compensation benefit? A)Employers often offer 100% coverage for health in exchange for a decrease in salary. This allows employees to get health care coverage for free, but must also consider the pay cut. B)Health insurance coverage is a federal law that employers must offer employees. The federal government passed this into law so that all U.S. employees would be covered with healthcare benefits. This helps to eliminate the competitive nature of the market. C)Employers typically offer employees health care options. However, they only pay on around 15% while the employee pays the difference. The benefit of choosing healthcare with an employer is that you do not have to conduct their own searches to find health care coverage. D)On average employers who offer health benefits pay around 80% of the health insurance policy and the employees pay the difference. By offering health insurance coverage employees are able to cover their families at a lower rate than if they sought health insurance on their own.

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