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Monday, March 19, 2012

Report: Health care reform $6,058 per worker

As Obamacare is implemented, it's full cost will be very expensive.
In a sign of how big the Obamacare hit could be, a new review of the similar Massachusetts health care plan instituted by former Gov. Mitt Romney in 2006 found that it cost employees $6,058 in wages annually. But the mandate succeeded to get people health insurance and didn’t result in any major job cuts, said the report, which predicted a similar high costs for Obamacare when it goes into effect next year. The bottom line: New workers getting health insurance through their job “were willing to accept lower wages in exchange because they valued the benefit,” said the report from Jonathan Kolstad, of the Wharton School at the University of Pennsylvania...
Read the rest here
Washington Examiner 

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