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Businesses are structured to make money. That's part of what defines success for a business. Company leaders strive to generate as much profit as possible by increasing revenue while decreasing costs.

It costs the company money to provide benefits to employees, such as insurance. And yet companies often provide health and dental insurance for their employees. They also pay for insurance to help employees who become injured or disabled.

Given the costs associated with insurance, why do companies provide insurance plans to employees?

Respuesta :

Answer:

According to that theory, employers are willing to arrange health insurance plans for workers because workers are willing to “buy” that health insurance through wages reduced by the amount of the cost of the insurance. Insurance plans offer preventative care that can keep employees healthy and working. If employees don't get preventative care and yearly physicals (which they might not do if they don't have insurance), you could end up having more employees out for long periods of time with serious illnesses.

Step-by-step explanation:

Answer:

I believe that companies provide insurance plans to employees because, insirance plans offer preventative care that can keep employees healthy and working. If employees dont get preventative care and yearly physicals, you could end up having more employees out for long periods of time with serious illnesses.