Why businesses were motivated to offer healthcare
American businesses were motivated to offer healthcare for their employees because of various factors. Healthcare for employees was not given the seriousness that it deserved because many organizations were not keen on this. As much as this situation started changing slowly, there are certain aspects that made it necessary for different businesses to offer healthcare for employees.
The most notable healthcare service that was offered by different business was accident insurance that took off in the early 1990s (Lane 2003, p. 23). This has been improving and nearly all businesses in America offer healthcare for employees. The motivation to offer employees healthcare could have been as a result of the changing business environment that has ultimately had an impact on healthcare in America today.
This means that the changing business world as far as technological advancements are concerned made it necessary to provide healthcare for employees. In this case, such an aspect motivated business to offer healthcare because employees were supposed to be safe.
In a broad perspective, it can be said that American businesses were originally motivated to offer healthcare for employees because they were supposed o give them a reason to do some tasks.
Businesses saw the need to motivate their employees to be committed to what they were doing which could only be enhanced through healthcare (Lane 2003, p. 45). This means that retaining employees was becoming a hard task without offering them healthcare.
In this case, businesses were motivated to offer healthcare to employees because it was an emerging and necessary competitive advantage for success in the business world that was changing. Healthcare was necessary to engage and keep employees motivated as the key for sustainable growth (Jacobs 2008, p. 63).
The strength of healthcare could not be underestimated because it was proving to be an asset in other countries which motivated businesses in America to follow suit. As a matter of fact, it can be said that the need to keep happy employees originally motivated businesses to offer healthcare.
How does this choice influence healthcare in America today?
The choice that was taken by different businesses has greatly influenced healthcare in America today. Most notably, it has become a necessity for businesses to offer healthcare for employees. This is because the business world is competitive based on the fact that every organization is competing for the best employees in the market.
There is no business that can attract the best talent in the market without healthcare for employees which has changed as time goes by. This choice has influenced healthcare in America as far as spending is concerned (Jacobs 2008, p. 71). In this case, many businesses are now spending a lot of money on healthcare for employees and this has helped in improving the sector for long term sustainability.
This choice has meant that any business that wants to attract the best talent should offer healthcare for employees. In this case, the business community has ended up keeping motivated employees who have improved productivity in different ways.
Healthcare in America today has been influenced by this choice because the country ranks well when compared with other countries that offer health benefits (Jacobs 2008, p. 88). Because employees are always motivated, they have effectively contributed to the growth of small businesses.
The most outstanding aspect is the fact that many healthcare organizations have grown tremendously because of an increase in demand for healthcare services for employees (Jacobs 2008, p. 93). This is as far as growth of the healthcare industry in America is concerned.
Reference List
Jacobs, P. (2008). Wages and Benefits: A Long-Term View. Chicago: Chicago University Press.
Lane, B. (2003). The Art & Science of Pricing Small Group Medical Coverage: From Debits to Risk Factors. New York: Routledge.