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Essay / Research Paper Abstract
This 3 page paper looks at government regulation concerning benefits, with an emphasis on COBRA. How COBRA is administrated and what it means is discussed. Bibliography lists 4 sources.
Page Count:
3 pages (~225 words per page)
File: RT13_SA331COB.rtf
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Unformatted sample text from the term paper:
termination, and along those lines, managers in the field must consider what happens to the employee outside of working hours. Much has to do with the fact that employers are
required to offer their workers health care by the government. To assist employees, and look out for their well being, employers ordinarily offer health insurance as well as other perks
such as discounts at eye wear stores and even free in- house counseling. Although to an extent, companies may be required to offer health insurance, they need not offer an
array of choices. In addition to compliance issues, HR departments do offer comprehensive benefits to both make sure that their employees are well physically and mentally but also because they
are competing with other firms for the best workers. Offering more comprehensive benefits may entice employees to stay as well as to attract new ones. To some extent, the law
enters the picture. The government makes laws that protect employees. For example, employers must provide benefits to all employees if they do so for anyone in the company. Health insurance
is expensive and while employers do want to compete, and make sure employees are doing well in general, they would likely not offer such an important and expensive benefit if
they were not required to do so by law. When an individual starts a company, he or she likely purchases health insurance for themselves. When they hire people, due
to the law, the employees must have the option of purchasing the same health coverage offered to the owners. While of course, employees do usually contribute to such plans, some
companies pay for much of the benefit to make it affordable and so the firms remain competitive with other companies. To a large extent, the government plays a role in
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