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Employers “Bracing” for Higher Health Care Costs
In the 2008 presidential campaign, then-candidate Barack Obama unveiled a plan for health care reform to “lower costs to make our health care system work for people and businesses…” However, according to a recent business survey, many employers don’t believe the plan that was promised is the plan that was delivered.
What will this mean for America’s workers? As Dr. John Goodman, president and CEO of the National Center for Policy Analysis, notes in today’s Wall Street Journal: “Millions of American workers could discover that they no longer have employer-provided health insurance as ObamaCare is phased in. That's because employers are quickly discovering that it may be cheaper to pay fines to the government than to insure workers.”
At a time when unemployment continues to hover around 10 percent, even those Americans who are lucky enough to have a job may soon find that job no longer provides the health care on which they and their families rely. ObamaCare: higher costs, lost coverage, and broken promises.