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

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

Expert Solution

Answer-1 Health insurance means the insurance which covers the expenses on health throughout the year.Health insurance linked to employment in United states from WW2 ,at the time of WW2 there was shortage of men ,in order to keep prices from skyrocketing ,the government froze the wages but suggested employers to introduce some other way to attract the workers towards them ,so employers at that time started offering health insurance and other incentives to the employees.In United States health insurance is also one reason to be linked to employment because health insurance reduces the cost of treatments in the hospitals ,health insurance also increases the affordability of the company employees to easily get treatment in the good private hospitals,it also reduces the overall cost of the treatment by contributing the insurance amount in the bills,it is also linked with the employment because by the employment.

Rahul Sunny answered 1 year ago

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