Monday, January 25, 2010

Senate Health Reform Bill Could Cost Businesses Additional 7-10%

The HR Policy Association, a group of the country's 300 largest firms, estimates that if the Senate version of health reform were to pass, large businesses could see their health care benefit costs increase an additional 7-10% over the next decade. This cost increase is in addition to current trend increases.

The analysis, performed by Applied Economic Strategies, includes costs associated with new taxes and cost-shifting to private sector payors that is likelys to occur with decreases in Medicare and Medicaid funding.

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