True or False. A mandate requiring all jobs to provide health insurance has the same impacts...

True or False. A mandate requiring all jobs to provide health insurance has the same impacts as a plan imposing an income tax to fund a government health insurance plan covering all workers (assume the insurance plans are identical in both cases), because with both plans workers end up paying for healthcare in the form of lower take home wages.

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Expert Solution

The given statement is false because if all jobs are to provide Health insurance then the corporate plan will have lower insurance schemes when compared to that of personal plans and as a result of this the employee who pays for the insurance plan might not get to deduct the wages as much as it would be in the personal insurance plan or Income Tax levels so that in the first case the workers and up taking a bit more wages

Therefore False is the answer to this question

Rahul Sunny answered 1 year ago

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