Can you consider it socialism if an employer pays for the employees’ group health care?Most companies have group health care and pay for their employees’ health care as part of their benefits. It may be additional expenses which may affect profits. If an employee does not have group health care, the bonus may be substantial. But what to do or spend when accident happens? The bonus or savings will go to paying for medical expenses. The issue of the company paying for group health care is purely a corporate matter. There are job-seekers who consider health benefits a primary factor in choosing a job. The company can hire and retain the best-performing people. A happy and content employee contributes well in a company or corporation which in turn translates to better profit. Employers can choose a group health care insurance package that has reasonable premium. They will opt for a plan that will not affect their company’s profits and expenses significantly. Having a group health insurance assures the employers of their people’s general health and well-being. A healthy employee is a productive employee. Most group health care insurance offer annual physical examination which ensures that the employee is fit to perform the job well. Access to immediate medical aid and faster recovery will not interrupt the business operations because of an untreated illness. Answer by general public - June 19, 2009 @ 6:20 pm No CommentsNo comments yet. Leave a comment |
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