What’s Obamacare’s Employer Mandate Giving Workers in Return for Fewer Hours? According to One CEO, Not Much | National Review Online

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.

via What’s Obamacare’s Employer Mandate Giving Workers in Return for Fewer Hours? According to One CEO, Not Much | National Review Online.

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One Response to What’s Obamacare’s Employer Mandate Giving Workers in Return for Fewer Hours? According to One CEO, Not Much | National Review Online

  1. Bob Hertz says:

    This was completely predictable. The vast majority of large businesses already provide health insurance. Those that do not provide insurance operate on low margins and serve very price-sensitive customers. A full mandate would nearly bankrupt them.
    So the ACA mandate had escape hatches, and surprise, the affected businesses took advantage of them immediately.

    A much better solution would be imposing a small extra payroll tax on the firms that do not provide insurance. This would help pay for a default-like catastrophic plan such as proposed by James Capretta.

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