Asked by quadasjiah williams on Sep 24, 2024
Because employer-provided health insurance was too expensive,a major employer decided to self-insure and simply pay for medical bills itself rather than a premium to an insurance company.As a result
A) they are more likely to institute a wellness program for employees
B) they are less likely to institute a wellness program for emp
C) they are indifferent with regards wellness programs
D) they will regret this decision
Employer-provided Health Insurance
Health insurance coverage offered to employees (and often their dependents) as part of an employment benefits package.
Self-insure
The practice of setting aside funds to cover potential losses rather than purchasing insurance from a third party.
Wellness Program
A coordinated and comprehensive set of health promotion and protection strategies implemented at the workplace, aimed at improving employee health.
- Understand the concept of moral hazard in the context of insurance and employment.
- Identify the impact of safety measures and monitoring on behavior change.
Learning Objectives
- Understand the concept of moral hazard in the context of insurance and employment.
- Identify the impact of safety measures and monitoring on behavior change.