What is the utility and benefit of making employer's liability insurance compulsory?

what are the benefits of making employer's liabilty insurance compulsory? I am gathering ideas for a discussion
Answers:
OK, I can't really see any utility and benefit to it.

No state make it mandatory now - although most states (but not all) have it package with Workers Compensation, which IS mandatory in adjectives states except TX.

But as long as Workers Comp is mandatory, there isn't as much EL exposure - it should be treated as part of the entire risk organization program for a business, like any other hazard exposure. Source(s): agent, 21+ years
What happen when you have to pay more for something, similar to milk?

When prices go up, your options stir down.

If an employer must pay more for hiring a person, after that employer may certainly refuse to hire another personality.

No business owner will be able to remain in the business of helping customers if the cost of helping family is too high.


The utility of raising prices on businesses? Great for putting more culture on the welfare rolls. Then the political leaders can obtain th benefit of being re-elected.


Another focal benefit to corrupt political leaders is this:
By mandating something that people could otherwise freely choose, capitalism can be curtailed for a while. Socialism can be advanced a little.

With the advent of such a totalitarian law, nouns will be decreased. Democrats will cheer.


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