Question

In: Economics

When did company paid insurance start in the US? after John F. Kennedy was assassinated as...

When did company paid insurance start in the US?

after John F. Kennedy was assassinated as part of “Great Society” program

during the 1950s after President Eisenhower encouraged the big companies to offer it as part of their benefit package, because he feared the Democrats would enact British style heath care.

started in WW2 when wage and price controls required companies to offer it to find workers

With passage of the Affordable Care Act.

Solutions

Expert Solution

The insurance truly began during World War II because during the war, wages were capped by the federal government, so employers needed another means to entice and keep employees.

Answer-Third option


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