US business hits out at ‘Obamacare’ costs

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    US retailers and restaurants chains that employ millions of low-wage workers are considering cutting working hours or paying fines rather than enrolling employees in health insurance plans under Barack Obama’s landmark healthcare law.

    Employers are concerned that the law increases the cost of insuring employees on existing plans, partly by broadening the range of benefits. It also requires companies to insure some employees not previously covered.

    Everytime the government tries to force businesses to do something they always find a way around it and the policies always hurts those it is intended to help.
    http://www.ft.com/cms/s/0/b2bce37c-7...#axzz2LJF7WC7C
    Last edit by tnbutterfly on Feb 18, '13
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