{"id":20727,"date":"2014-05-19T14:05:18","date_gmt":"2014-05-19T18:05:18","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=20727"},"modified":"2014-05-19T14:05:18","modified_gmt":"2014-05-19T18:05:18","slug":"obamacare%e2%80%99s-cost-increases-could-push-90-of-workers-at-large-firms-onto-exchanges","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/20727\/obamacare%e2%80%99s-cost-increases-could-push-90-of-workers-at-large-firms-onto-exchanges\/","title":{"rendered":"ObamaCare\u2019s Cost Increases Could Push 90% of Workers at Large Firms onto Exchanges"},"content":{"rendered":"<p>\u201cAccording to a new report from S&amp;P Capital IQ, 90 percent of American workers who receive health insurance from large companies will instead get coverage through ObamaCare\u2019s exchanges by 2020,\u201d writes <a href=\"http:\/\/www.forbes.com\/sites\/sallypipes\/2014\/05\/19\/obamacare-increases-large-employers-health-costs\/?ss=business \" target=\"_blank\">Sally Pipes<\/a> of the Pacific Research Institute.<\/p>\n<p>Large companies are those that employ 10,000 workers or more. They cover 59 percent of the American workforce.<\/p>\n<p>ObamaCare\u2019s escalating barrage of mandates, fees and fines are estimated to extract \u201cabout $163 million to $200 million in additional cost per employer \u2013 or $4,800 to $5,900 per employee,\u201d says Pipes. Compared to the $2,000 per employee fine for not offering health insurance, large employers will in effect be forced to dump workers on ObamaCare exchanges to stay profitable.<\/p>\n<p>There are many aspects of ObamaCare that defy easy explanation, but this much is clear \u2013 Forcing large employers who want to provide health insurance to their employees to pay more than twice the price of compliance just doesn\u2019t pencil.<\/p>\n<p>The only financially sensible thing to do \u2013 from a company\u2019s perspective \u2013 is to shove workers onto taxpayer-funded exchanges. That may keep the firm afloat, but it will only add to the federal government\u2019s fiscal problems.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cAccording to a new report from S&amp;P Capital IQ, 90 percent of American workers who receive health insurance from large companies will instead get coverage through ObamaCare\u2019s exchanges by 2020,\u201d writes Sally Pipes of the Pacific Research Institute. Large companies are those that employ 10,000 workers or more. They cover 59 percent of the American [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[3007,3308,1829,27,35,3086],"class_list":["post-20727","post","type-post","status-publish","format-standard","hentry","category-posts","tag-exchange","tag-health","tag-insurance","tag-jobs","tag-obamacare","tag-sally-pipes"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=20727"}],"version-history":[{"count":6,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20727\/revisions"}],"predecessor-version":[{"id":20733,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/20727\/revisions\/20733"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=20727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=20727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=20727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}