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More and more people are beginning to depend on weight - loss drugs. As a result, some employers start to cut off insurance coverage in
More and more people are beginning to depend on weightloss drugs. As a result, some employers start to cut off insurance coverage in order to prevent escalating expenses. Here is the case of the University of Texas system which is a nonprofit organization Please watch the video clip below:
Insurance companies changing coverage for weight loss drugsLinks to an external site.
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With regard to this issue, your hypothetical friends, A and B presents different thoughts as follows:
Friend A: "Whatever employers they are, profit or nonprofit entities, employers cannot cut off insurance coverage even if the bills for the weightloss drugs are climbing. Employers have an ethical responsibility to support employees, but such a cutoff will restrain many employees who desperately need weightloss drugs and, eventually, will harm their employees' health."
Friend B: It might be different when it comes to the profitseeking entities. The Insurance coverage might encourage employees whose health situation does not need weightloss drugs to use these drugs instead of diet and exercise. Even a nonprofit entity the University of Texas System announced such a cutoff. What should profitseeking companies do Profitseeking employers can cut off the access to weightloss drugs.
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Whose side do you want to stand on Why? Explain based on the goal of business and the social impact and ethics of business, using at least one ethical perspective you have learned in this course.
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