Tuesday, November 1, 2011

Employers Do the Math on Obamacare

McKinsey survey shows that 30% of employers surveyed say they will Definitely or Probably drop employee health coverage after 2014.  It make sense.  The average cost per employee is $12,000 per year.  The penalty for not providing the insurance is $2,000.  Do the Math, they save $10,000 per employee.  Why would they provide coverage?


http://www.foxnews.com/politics/2011/11/01/employers-consider-dropping-insurance-plans-once-health-law-provisions-take/?intcmp=trending

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