Why do companies provide health insurance in the US instead of just increasing wages by equivalent amount?

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Is it because of tax benefits or something similar? If so, couldnt the government provide the same tax benefits to individuals to make healthcare insurance more affordable to everyone?

disclaimer: I am not from the US

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Anonymous 0 Comments

This goes back to around WW2 actually. Basically, wages were going up, fast. Inflation was also going up, fast. The government passed rules about wages to try to stop the inflation, but ruled that “benefits” didn’t count. So, o be competitive, employers started offering benefits if they were barred from paying more.

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