The 2007 law mandated benefit
increases for injured workers and cost reductions for businesses.
There may also be an efficiency argument for using mandates within a largely employer-sponsored insurance system as opposed to other methods of providing a benefit: according to standard economic theory, when an employee fully values a mandated benefit
wages will shift by the full cost of the benefit without any distortionary effects on labor supply.
State legislatures across the country have passed mandated benefit
laws, ensuring that people who are covered by private insurance have access to certain health care benefits.
present the methods and data sources that CHBRP uses to project the impacts of a mandated benefit
on the health of California's insured population.
Consumer choice and affordability prevailed in my mind over a mandated benefit
which is currently and abundantly available in the market," he said in his veto message.
Federal law would impact employers who offer health benefits and have ERISA exemptions in terms of any mandated benefit
or consumer protection," said Colleen Reitan, senior vice president with Blue Cross Blue Shield of Minnesota.
7) For each of these three cases, Jolls carefully details how the impact of the targeted mandate is influenced by whether the value of the mandated benefit
to the workers is greater or less than the cost to the employer of supplying it.
Already on the state level there exist some 1,200 mandated benefit
While this debate no doubt had political relevance, economists know that the percentage of a mandated benefit
that employers are required to pay directly is irrelevant to how the cost is ultimately shared between employers and employees.
20) A consequence of such wage rigidity is that mandated benefit
programs are likely to work against the interests of those that most desire the benefit.
22) The manual corroborated data on mandated benefit
laws using a number of different sources, including Blue Cross and Blue Shield plans, commercial insurers, trade and professional associations, legislative tracking services, and other sources.
laws require health insurers to cover specified services such as a 48-hour hospital stay after delivery of a baby or reconstructive breast surgery after mastectomy (Laugesen et al.