Tuesday, April 5, 2011

Why is it that employers are saddled with providing health insurance to their employees?

If a company pays a worker a wage and that worker going out and blows it on beer and candy instead of health care it's not the companies fault. If that same person spends all his/her paycheck on junk but fails to pay the rent/mortgage , is the employer responsible for providing living quarters?
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Have you ever priced an independent health care policy? The are extremely expensive. If a company can bargain with the health care company for a group rate it is a benefit for all. First of all, less of the employee's paycheck has to go to paying for a policy. As for the company, they get a healthier work force (because they are more likely to go to the doctor when necessary), with less absenteeism. The company also will find it easier to attract employees, because all things being equal, a prospective employee with chose the company with a health care plan.
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