RSSStudy: Health Care Reform Will Punish Employers, Kill Jobs
J.R. | August 28, 2009
A provision in President Obama’s health care reform plan, known as the play-or-pay mandate, requiring businesses to offer health insurance to their employees or face a federal tax would cost employers at least $49 billion dollars a year, putting 5.2 million employees at risk of losing their jobs, according to a study commissioned by the conservative Heritage Foundation.
“Health care reform is not going to be free,” said economist Mark Wilson, who authored the study.
Under the provision, another 10.2 million employees will face stunted wages and the loss of other benefits as employers try to find ways to fund the mandates.
“Those will be a difficult decision for them to make and they’re also going to have to decide to the extent they can raise prices and pass the cost onto consumers,” Wilson said.
Contributor's website: http://www.talkshowamerica.com
Content posted by users from other sites is posted for commentary and news purposes under fair use and each author is responsible for their own postings and a particular posting should not be construed as being endorsed by this site or its owner.
Leave a Reply
Loading ...Recommended Reading:
