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In: Nursing

Employers are finding it more difficult to support health insurance coverage as a benefit, as it...

Employers are finding it more difficult to support health insurance coverage as a benefit, as it has become more costly than the tax savings for offering it. Is employer-based health insurance on its way out, and if so, is it more or less practical to maintain it as a benefit in a healthcare organization?

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Expert Solution

There are bunch of different factors to consider in response to this subject. I believe that throughout the year's employer-based health insurance has began to decline to in both ways of being offered by employers and accepted by employees.

Medium to large organisations are now legally mandated to offer health benefits to full fill time employees or face a penalty but reports are showing that the expenses of high cost to offer benefit due to overall health care cost now outweighing the tax penalty. Some organisations save money by simply not offering insurance.

To effectively administer employee benefits, companies should :

*Provide comprehensive employee benefits

*Offer health insurance

* Offer different benefits for different employee needs

* Encourage communication between employers and employees

When employers are flexible, receptive, and communicative about the workplace benefits they offer, both businesses and full-time workers profit.

Ultimately, the goal of employer-sponsored benefits is to deepen the bond between an employee and their place of work. Offering benefits like health insurance may seem expensive and technical, but employees deserve to know that their workplace values them.


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