PRI’s Sally Pipes details the many new and increased expenses big businesses face under ♡bamaCare!!! and then says:
It’s no wonder that large employers expect their health bills to escalate in the years to come. The AHPI survey revealed that Obamacare could increase their health costs by 4.3 percent in 2016, 5.1 percent in 2018, and 8.4 percent in 2023.
Those percentages equate to real dollars. Over the next ten years, Obamacare could cost large employers $151 billion to $186 billion. That’s about $163 million to $200 million in additional cost per employer — or $4,800 to $5,900 per employee — solely attributable to the health reform law.
Employers will likely pass along these costs to their workers. According to a recent Mercer survey, 80 percent of employers are considering raising deductibles — or have already done so.
Eventually, large employers may opt to pay the fine for not providing health insurance and leave their workers to get coverage in the exchanges. Doing so might even save them money.
Employer-based health insurance was never a good idea — it was merely an unintended consequence of wage controls during World War II. A worse idea however is forcing everybody onto Healthcare.gov and the state exchanges, where Uncle Sam can dictate who gets what — and who pays how much for the privilege of getting screwed.