The Economics of Social Insurance and Employee Benefits

Издательство: Kluwer Academic Publishers

The Economics of Social Insurance and Employee Benefits focuses on non-wage benefits paid to workers in the United States, covering both government-mandated and voluntarily provided benefits. The author argues that benefits affect workplace productivity,and concentrates on the economic thinking behind how to design non-wage benefits in order to achieve competitive advantage. Part I briefly introduces these programs and discusses some of the insurance and economic concepts that are useful both for evaluating current programs and in analyzing what changes might mean for future costs and benefits. Part II deals with mandated social insurance programs, while Part III discusses benefits voluntarily provided by employers. Throughout the book, private sector human resource practices and public sector human resource policies are linked to various benefit models: the human capital model; the passive participant model; the insurance model; the managed care model; and the integrated health...