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Among the benefits offered by corporations, at least in the United States, is health insurance. One...

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Economics

Among the benefits offered by corporations, at least in theUnited States, is health insurance. One explanation for whycorporations offer such insurance is that this benefit is taxfavored: Companies can compensate employees with health-insurancebenefits that are treated as nontaxable income. Also, health careproviders and insurers (such as Blue Shield) have historicallyoffered better rates to employers for their employees than toindividuals who ask for the same coverage. Why is this?

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Generally candidates look for more than just salaries when assessing potential employers They take into account the whole compensation package including additional benefits and perks In order to attract and retain highly talented workers employers provide addon benefits to    See Answer
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