Question

When employers pay for health insurance as part of the total compensation package provided to its...

When employers pay for health insurance as part of the total compensation package provided to its employees; who really pays—employers, employees, taxpayers? Explain.

Homework Answers

Answer #1

Answer:
When employers pay for health insurance as part of the total compensation its been paid via tax payers mostly because of following reasons:

  • The premium paid by the employer is before tax business expense and hence can be deducted from the profit before employer pay the tax to the government.
  • Its a tax free benifits for the employee.
  • So this amount is indirectly being paid by the tax payers


(plz give me a thums up...if my answer helped you and if any suggestion plz comment, Yr thums up boost me)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
When an employer is determining an employee's total compensation he includes his pay and the hours...
When an employer is determining an employee's total compensation he includes his pay and the hours worked excludes benefits as part of the pay package. includes the opportunity cost to the employee includes his entire compensation package, benefits and wages
5. Rachel receives employer provided health insurance. The employer's cost of the health insurance is $5,500...
5. Rachel receives employer provided health insurance. The employer's cost of the health insurance is $5,500 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 35 percent and is profitable? MULTIPLE CHOICE $0 $3,575 $4,198 $5,500 8. Meg works for Freedom Airlines in the accounts payable department. Meg and all other employees receive free flight benefits (for the employee, family, and 10 free buddy passes for friends per year)...
In Oregon, employers who are covered by the state workers' compensation law withhold employee contributions from...
In Oregon, employers who are covered by the state workers' compensation law withhold employee contributions from the wages of covered employees for the workers' benefit fund at the rate of 1.4¢ for each hour or part of an hour that the worker is employed. Every covered employer is also assessed 1.4¢ per hour for each worker employed for each hour or part of an hour. The employer-employee contributions for workers' compensation are collected monthly, quarterly, or annually by the employer's...
Should U.S. taxpayers pay for the health coverage (through taxes into public insurance such as Medicaid...
Should U.S. taxpayers pay for the health coverage (through taxes into public insurance such as Medicaid or Medicare) for people who are experiencing poverty?
6. As health insurance costs and the number of disabled employees increase, more companies are firing...
6. As health insurance costs and the number of disabled employees increase, more companies are firing these employees. A survey of 750 employers found that 192 dismiss employees as soon as they go on long-term disability.   Construct a 90% confidence interval for the proportion of employers who dismiss employees as soon as they go on long-term disability. Construct a 99% confidence interval for the proportion of employers who dismiss employees as soon as they go on long-term disability Which interval...
In the Rand Health Insurance Experiment, total spending was lower for consumers who paid part of...
In the Rand Health Insurance Experiment, total spending was lower for consumers who paid part of the cost of care. True or false
When a corporation decides to include its own corporate stock as part of the compensation for...
When a corporation decides to include its own corporate stock as part of the compensation for its employees and is trying to solve the a) adverse selection problem b) moral hazard problem c) lemons problem d) signaling problem
A company, United Consumers, is considering the option of replacing its employer provided insurance plan with...
A company, United Consumers, is considering the option of replacing its employer provided insurance plan with what is known as Consumer Directed Health Plan (CDHP). Under this new plan, the company would provide its employees with a sum of money so that the employees can purchase their health plan form the online marketplace. This plan is based on the belief that employees tend to behave more responsibly if they have to spend their own money as consumers. According to a...
13. Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,800...
13. Rachel receives employer provided health insurance. The employer's cost of the health insurance is $6,800 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 35 percent and is profitable? MULTIPLE CHOICE $0 $4,420 $4,198 $6,800 14. Maren received 10 NQOs (each option gives her the right to purchase 10 shares of stock for $8 per share) at the time she started working when the stock price was $6...
The federal program of health insurance for the elderly and some disabled individuals is   called Medicare...
The federal program of health insurance for the elderly and some disabled individuals is   called Medicare CHIP Medicaid VA A way of making up losses in health insurance by charging more to the insured is termed The “Robin Hood” theory Co-Payment A Premium Cost Shifting An example of Cost Sharing would be Package Pricing A Beneficiary A Co-Payment A Single Payer System The Affordable Care Act will have an impact on what portion of a select groups (high earners) pay...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT