The effect of state health insurance benefit mandates on employment is similar to _______, in that...

The effect of state health insurance benefit mandates on employment is similar to _______, in that unemployment ________.

Group of answer choices

a. the minimum wage; increases

b. price ceilings; increases

c. rent control; decreases

d. None of the above.

Expert Solution

Option A

Explanation: Such mandates increase the hiring cost for firms and lowers employment.

Rahul Sunny answered 2 years ago

List two changes to health care insurance guidelines that the ACA mandates?

What are the differences in the primary mandates assigned to state and federal health facility surveyors...

What are the differences in the primary mandates assigned to state and federal health facility surveyors and the state long-term care ombudsman program (LTCOP)?

Employment insurance is a system that provides insurance benefit to workers who involuntarily lose their jobs....

Employment insurance is a system that provides insurance benefit to workers who involuntarily lose their jobs. Suppose that the current eligibility requirement for employment insurance is workers who have worked for 10 weeks or more per year. Assume that there is 52 weeks in a year and the wage rate is $500 per week, and maximum benefit payment duration is 20 weeks of per year. The benefit amount is 50% of wage paid for 20 weeks. a. Construct the corresponding income-leisure...

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor. Employees value the insurance per unit of labor at $v. How does the insurance mandate affect the equilibrium wage and labor if $v=$0? If $0<$v<$t? If $v=$t?

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor. Employees value the insurance per unit of labor at $v. How does the insurance mandate affect the equilibrium wage and labor if $v=$0? If $0<$v<$t? If $v=$t?

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor. Employees value the insurance per unit of labor at $v. How does the insurance mandate affect the equilibrium wage and labor if $v=$0? If $0<$v<$t? If $v=$t?

Do you believe that health insurance should be tethered to employment?

The Affordable Care Act (also known as “Obamacare”) essentially mandates that every American have health insurance....

The Affordable Care Act (also known as “Obamacare”) essentially mandates that every American have health insurance. This question asks you to analyze the labor market effects of that law. (6 points total) a. Suppose the government requires that firms offer health insurance to all of their workers, which increases the cost of hiring each worker by $h. Draw a graph that illustrates how this mandate influences the supply and demand for labor (label it explicitly, including axes). Assume that all...

Why is health insurance linked to employment (e.g. group insurance) in the United States? Explain.

The Age Discrimination in Employment Act mandates that 40 years of age or older be treated...

The Age Discrimination in Employment Act mandates that 40 years of age or older be treated without regard to age in all phases of employment (hiring, promotions, firings, etc.) Age discrimination cases are of two types: disparate treatment and disparate impact. In the former, the issue is whether workers have been intentionally discriminated against. In the latter, the issue is whether employment practices adversely affect the protected class (i.e., Zabell, 1989). During the recession of the early 1990s, a small...

Question

The effect of state health insurance benefit mandates on employment is similar to _______, in that...

Solutions

Expert Solution

Related Solutions

List two changes to health care insurance guidelines that the ACA mandates?

What are the differences in the primary mandates assigned to state and federal health facility surveyors...

Employment insurance is a system that provides insurance benefit to workers who involuntarily lose their jobs....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Suppose the government mandates that employers provide health insurance that costs $t per unit of labor....

Do you believe that health insurance should be tethered to employment?

The Affordable Care Act (also known as “Obamacare”) essentially mandates that every American have health insurance....

Why is health insurance linked to employment (e.g. group insurance) in the United States? Explain.

The Age Discrimination in Employment Act mandates that 40 years of age or older be treated...