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Nearly Two-Thirds Of Employers Expect Health Benefit Costs To Rise Under Obamacare, Survey Finds


US Politics & Gov't  (tags: healthcare, government, Obama, propaganda, news, politics, republicans, democrats, americans, elections, media )

Carrie
- 717 days ago - huffingtonpost.com
Not only could workplace pizza parties cost up to 14 cents more per pie thanks to Obamacare, but a majority of employers also expect to pay more for employee health benefits because of health care reform.



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Comments

Carrie B. (304)
Thursday August 9, 2012, 7:20 pm
OK, OK, before many of you decide to have me tarred and feathered, please read the article and do some thinking. What a load of sh$$!
 

Cynthia Davis (340)
Friday August 10, 2012, 5:18 am
Ya Papa Johns founder will have to up his pizza 20 cents so he can give his employees health care and at the same time keep his 300.18 million yearly profit. Wow we should really be mad at Obama for that.
 

Cynthia Davis (340)
Friday August 10, 2012, 5:24 am
Sorry I'm wrong that 300.18 million was just his quarterly profit. That about 3 months isn't it.
 

Alexandra Rodda (176)
Friday August 10, 2012, 5:34 am
300.18 million quarterly profit does not appear "slim pickings"
Actually, Affordable Care is likely to cost less than what Americans have no.
 

Billie C. (2)
Friday August 10, 2012, 1:12 pm
all companies will pass the costs on they do it now. no company is going to take the hit on their bottom line that's standard business practice.
we need single payer and stop this garbage give the insurance all thing called obamacare.
 

Kim C. (3)
Friday August 10, 2012, 1:13 pm
Since they don't like employer provided health care lets phase in Single Payer Healthcare for everyone. What about Medicare for All or Socialized Medicine?
My employer isn't going to be providing health care. There a maximum of 20 employees in th summer. I work in a restaurant. Very few get 30 hours a week and that is in the summer. Business is slower this year and I haven't had a 30 hour week yet. I live in a small rural town.
 

Kit B. (277)
Friday August 10, 2012, 1:39 pm

I don't like the Affordable Health Care Act, I think it's too long, and barely scratched the surface of what we actually need. It can cut the burden of health care costs for our economy by just making it Medicare for all, paid in a small additional tax, as it is, we are in for years of waiting and twice as much red tape. **Carrie, please help. I can't seem to find the article.

The link directed me to a very nasty article on Che Guevara, written by some republican twit. No, I do not hero worship Che, but I sure do respect many things he did. I wonder how many US doctors would give up a well paying practice to take on some thing they deeply believed? I bet that would be a short list.
 

Carrie B. (304)
Friday August 10, 2012, 2:17 pm


Papa John's CEO John Schnatter said earlier this month that the costs stemming from the Affordable Care Act will lead to an increase in the price of pizza for consumers.
Not only could workplace pizza parties cost up to 14 cents more per pie thanks to Obamacare, but a majority of employers also expect to pay more for employee health benefits because of health care reform.

Sixty-one percent of employers say they will have to pay more for health benefits when key provisions of the Affordable Care Act take effect in 2014, according to a new survey of 1,203 employers by the consulting firm Mercer. One in five expect employee health benefit costs to rise by at least 5 percent. The survey included some small employers -- 38 of the employers in the study have fewer than 50 employees -- who will see fewer effects of the law. (Hat tip: the Los Angeles Times.)

Health care reform will likely cost the most for companies that pay their employees little and have a large part-time workforce, the survey found. That is because the Affordable Care Act requires large employers to provide health care coverage to all employees working at least 30 hours per week or else face penalties. About one in four employers -- and one in two employers in retail and hospitality -- said in the Mercer survey that they will have to take action to avoid penalties.

Only 6 percent of employers, including 9 percent of retail and hospitality companies, said they will likely drop their health benefit plans because of the Affordable Care Act.

The study comes after Papa John's Pizza founder and CEO John Schnatter said earlier this month that he plans to raise the price of each pizza by $0.11 to $0.14 to offset new costs under Obamacare. The National Restaurant Association previously asserted health care reform might hurt restaurants' slim profit margins, since it requires employers with more than 50 employees to provide affordable health insurance.

The Mercer study did not indicate whether they, like Schnatter, plan to pass on the higher cost of employee health care to consumers.
 

Carrie B. (304)
Friday August 10, 2012, 2:18 pm
Sorry Kit. Hope that helps!
 

Antonia Windham (6)
Friday August 10, 2012, 2:57 pm
If large employers'll have to pay healthcare for part-time workers who've a schedule of at least 30 hours a week, then the solution for them'll be simple - just cut the hours and hire more under-30-hours a week employees.

One way or another most employers'll pass along any higher payroll expenses to the customer just like they pass along any higher expenses of any kind to the customer (or the employees through lower wages, shorter hours, fewer benefits, and suchness.) More often than not when government regs giveth, one way or another an equal or greater amount's taken away somewhere else.
 

Michael M. (5)
Friday August 10, 2012, 5:56 pm
Repukes here just love spreading their lies and hate over President Obama and the Affordable Care Act.

Take Note the survey states it's the employers that is expecting the raise in prices of healthcare not actually anyone of the insurance companies stating they are going to raise the prices.

#2: In case the ignorant of you repukes have not noticed but Insured heath care prices has been going up long before President Obama was president and it will continue to go up long after 2016. Don't blame the President because health care cost more.

Honestly you stupid repukes HAD a chance when King Bush was in office and you lazy repukes were sending this nation into two wars without paying for it and blaming President Clinton for everything bad that has happened to this nation during Bush's reign.

You had your chance to reform medicare, Social Security, health care, etc, etc, etc. Who did you repukes give socialized tax dollars to? Oil companies and companies dealing with war.
 

Janet R. (34)
Friday August 10, 2012, 8:01 pm
We need single payer; Obamacare is a tiny step but with the do-nothing extremist Repug Congress, how can anyone think anything will be accomplished by them? Congress should be on single payer too, same insurance as John Q Public. If everyone had health insurance, we would be free to change jobs when it suited us. I can't change jobs if I have to choose between going without insurance for 3 - 6 months before insurance kicks in or spending $500 a month for COBRA.
 

Michael T. (82)
Friday August 10, 2012, 8:11 pm
My question before reading the article was whether or not that is true. I didn't think it was, but wasn't certain. I had read somewhere else that it shouldn't be. The fact that it will cost a company like Walmart made me happy as could be. That is for whom they actually offer health care to.

Kit, if you still can't find the article, try this link.
http://www.huffingtonpost.com/2012/08/09/employer-health-care-costs-obamacare_n_1759576.html
 

Carrie B. (304)
Friday August 10, 2012, 8:42 pm
Michael, I posted the entire text of the article in an earlier comment. Thanks. Janet, I agree with single payer and your comment about our do nothing Congress. Their only goal has been to discredit Obama so they can get him out of office.
 

Devon Leonard (54)
Saturday August 11, 2012, 3:26 am
Thanx Carrie..I just wish with all my heart that NO ONE would have to fall through the cracks and go without medical attention when they need it. I've been hoping and praying for this for 40 years now.....
 

Lloyd H. (46)
Saturday August 11, 2012, 8:48 am
One) Mercer is a Canadian company that specializes in three things, Consulting, Outsourcing and Investments. In 2010 Mercer bought Process Administration a Health and Benefits Administration Technology provider. Not exactly an unbiased bystander.
Two) Papa John's is only a small business under Repug definitions, like Koch Industries and Bechtel Construction, as the third largest Pizza take out and delivery chain in the US with 16,500 employees. And Schnatter plans to profit from ACA as the $0.11-0.14 supposed cost increase per pizza for PJ's will cost the customer $0.15-0.20 per pizza. And one can add in the fact that that Schnatter is a Romney donor supporter along with the National Restaurant Assoc., which I must say was also at one time headed and the lobbied for by Herman '999' Cain.
 

Roger Skinner (14)
Saturday August 11, 2012, 2:28 pm
I had to laugh at this: "One in five expect employee health benefit costs to rise by at least 5 percent." Health benefit costs have been rising almost every year for decades, often at double digit rates. Remove Obamacare from the equation and the same poll would have given the same result. In fact, a 5% increase would be a historic low. I saw one article that said they were predicting a 5.4% increase for 2012, which would make it the lowest increase in 15 years.So, if anything, an increase of only 5% is a victory for Obamacare!
 

John S. (297)
Sunday August 12, 2012, 4:21 am
Just exactly how does the single payer system reduce costs (just a question as I have paid National Insurance taxes in several countries)?
 
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