Question:
If I were trying to convince a business owner to offer health insurance and retirement plans to his/her employees, are their any stats or facts that show how it will benefit the company?
Answer:
Unfortunately, this statistic is not optimistic from an employer point of view. More employers have started to drop their group insurance as a benefit for their staff. The raise of premiums has brought many companies to the brink of financial burden. I can write a great deal regarding this. This is the reason you aren’t able to find any positive statistics. Where is the possible motivation for the employer to give health insurance as a benefit today? The balance in between the salary wage + investment in employee benefits (including employer insurance co-payments) that has to respond to his intention and financial potential to attract employees. Less risky is when the health insurance is portable (no Cobra is involved), or you offer to him/her Health Reimbursement Arrangements and Defined Contribution Health Benefits Plans(regarding Health Insurance as a benefit. |
