Shannon has been offered a job with a competitor. Her base pay will be higher, but the new company does not offer health insurance. She will have to buy it on her own. She decides to turn down the new job to keep her health insurance. Her current employer is more likely to retain employees because of health insurance.

Answer the following statement true (T) or false (F)


True

Health insurance, like pensions, discourages employee turnover because not all employers provide health insurance benefits. Additionally, unlike workers in most Western European countries, who have nationalized health systems, the majority of Americans receiving health insurance get it only through their (or family members') employers.

Business

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