The Wall Street Journal has an interesting opinion piece today by Andy Puzder, the CEO of a big fast-food conglomerate, that runs the numbers about how much Obamacare’s employer mandate has increased employer insurance coverage. His conclusion: “Not much.”
Of the 6,900 eligible employees, 1,447 already had ObamaCare-compliant insurance through our pre-existing company plans. That left 5,453 employees eligible to sign up. A grand total of 420 actually enrolled. That’s a mere 2% of total employees, or 6% of eligible employees.