Date uploaded: 2021-08-11 21:34:36

A wide variety of employers impose COVID-19 vaccine mandates on their workers, and experts said they’ll have a lot more company soon after the Food and Drug Administration gives the shots its full approval. Some employers aren’t ready to impose mandates but may penalize workers for not getting vaccinated, possibly by requiring them to pay an insurance surcharge costing several hundred dollars a year. Other employers just ask nicely or stick with incentives, hoping not to scare workers off amid what HR leaders call “The Great Resignation” – a pent-up flood of people quitting after holding onto their jobs during the pandemic. The hodgepodge of vaccination strategies coincides with the surge of the delta variant, which is more contagious than earlier versions of the coronavirus and threatens to derail efforts to return to the office. But a penalty that some may face if they do not get vaccinated is a health insurance surcharge, which could translate into several hundred dollars annually in extra costs. And experts say this could be more effective than vaccine mandates: “People are loss-sensitive,” said Denise Rousseau, professor of organizational behavior and public policy at Carnegie Mellon University's Heinz College. “Losses are more painful than gains are good. If the incentives are experienced as a loss, they’ll act to correct that loss.” #insurance #vaccinemandates #vaccines #health