Question
upstudy study bank question image url

In terms of health insurance, employees are primarily concerned with increases in out-of-pocket payments for premiums. True False

Ask by Gross Watkins. in the United States
Mar 18,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

Employees are mainly worried about increases in what they pay for health insurance premiums.

Solution

Sign in to Unlock Answers for Free!

A Learning Platform Trusted by Millions of Real Students and Teachers.

star-icon Unlock

Answered by UpStudy AI and reviewed by a Professional Tutor

Extra Insights

True! Employees often feel the pinch when their out-of-pocket payments for premiums rise, as this directly impacts their take-home pay and budget for everyday expenses. Health insurance is supposed to be a safety net, but when costs skyrocket, it can feel more like a tightrope walk without a net! Additionally, it’s interesting to note that the trend of increasing out-of-pocket expenses isn't just a passing phase. Many employers are adopting high-deductible health plans to control costs, which leads to higher premiums for employees. This shift not only influences the choices employees make regarding healthcare services but also prompts them to become more savvy shoppers when it comes to their medical needs!

Related Questions

Latest Economics Questions

January 4 The company paid cash to Lyn Addie tor tive days work at the rate of \( \$ 195 \) per day, four of the five days relate to wages payable that were accrued in the prtor year, January 5 Santana Rey invested an additional \( \$ 23,400 \) cash in the company, 3anuary 7 The company purchased \( \$ 7,400 \) of merchandise from Kansas Corporation with terms of \( 1 / 10, \mathrm{n} / 30 \), fon shipping point, Involice dated January 7. January 9 The company recelved \( \$ 2,848 \) cash from Gomez Company as full payment on its account, January il The company completed a flve-day project for Alex's Engineering Company and billed it 85,410 , which is the total price of \( \$ 6,810 \) less the advance payment of \( \$ 1,400 \). The company debited Unearned Computer Services Revenue for \( \$ 1,400 \). January 13 the company sold merchandise with a retall value of 84,600 and a cost of 83,300 to Liu corporation, involce dated January 13. January is The company pald \( \$ 740 \) cash for frelght charges on the merchandise purchased on January 7 . January 16 The company recelved \( \$ 4,110 \) cash from Delta Company for computer services provided. January 17 The company paid Kansas Corporation for the Involce dated January 7, net of the discount. Yanuary 20 The company gave a price reduction (allowance) of \( \$ 700 \) to llu corporation and credited lifu's accounts recelvable for that amount. January 22 The company recelved the balance due from Liu Corporation, net of the discount and the allowance. January 24 The company returned defectlve merchandise to Kansas Corporation and accepted a credit against future purchases (debited accounts payable). The defective merchandise invoice cost, net of the discount, was 4486. January 26 The company purchased \( \$ 9,000 \) of merchandise from Kansas Corporation with terms of \( 1 / 10, n / 30 \), f00 destination, invoice dated January 26. January 26 The company sold merchandise with a \( \$ 4,590 \) cost for \( \$ 5,970 \) on credit to KC, Incorporated, involce dated January 26 . January 31 The company pald cash to Lyn Addle for 10 days' work at \( \$ 195 \) per day, February 1 The company pald \( \$ 2,565 \) cash to H1llside Mall for another three months' rent in advance. February 3 The company paid Kansas Corporation for the balance due, net of the cash discount, less the \( \$ 486 \) credlt from merchandlse returned on January 24, February 5 The company paid \( \$ 420 \) cash to Facebook for an advertisement to appear on February 5 only. February 11 The company recelved the balance due from Alex's Engineering Company for fees bllled on January 11. February 15 Santana Rey withdrew \( \$ 4,730 \) cash from the company for personal use.
Try Premium now!
Try Premium and ask Thoth AI unlimited math questions now!
Maybe later Go Premium
Study can be a real struggle
Why not UpStudy it?
Select your plan below
Premium

You can enjoy

Start now
  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to Answer and Solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic

Totally free but limited

  • Limited Solution
Welcome to UpStudy!
Please sign in to continue the Thoth AI Chat journey
Continue with Email
Or continue with
By clicking “Sign in”, you agree to our Terms of Use & Privacy Policy