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Business Law Unit 7 Homework Critical Thinking Should The Mandate Offer Employees

Page Count
2 pages
Word Count
473 words
Book Title
Business Law: Text and Cases 14th Edition
Authors
Frank B. Cross, Kenneth W. Clarkson, Roger LeRoy Miller
1
UNIT 7
APPLICATION AND ETHICS
HEALTH INSURANCE AND SMALL BUSINESS
ANSWERS TO THE QUESTIONS
AT THE END OF THE FEATURE
ETHICS QUESTION
Are small businesses ethically obligated to offer their employees health insurance?
Discuss. Yes, small businesses are ethically obligated to offer their employees health
insurance. The benefits of offering that coveragebesides those stated in the textinclude
lifting a small business to the same competitive level for employees as larger businesses. The
small business can then access better employees and gives those employees motivation to
work harder and be more productive. Offering health insurance to employees can thus be seen
as part of a business’s responsibility to compete effectively in its market (which it must do to
stay in business and reward its owners).
CRITICAL THINKING
Should the mandate to offer employees health insurance be extended to include small
businesses? Or should it be repealed altogether? Explain. Yes, the mandate to offer
employees health insurance should be extended to include small businesses. Offering health
insurance can attract and retain motivated employees, who will consequentially work harder,
increase productivity, and be absent less for reasons of health.

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