Updated Tuesday, May 21, 2013 as of 12:27 AM ET
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Health Care Law Should Help Small Businesses Insure Workers: Study
Will the new health plan law make health coverage more expensive for your firm or staff? The Robert Wood Johnson Foundation released a report this week saying that for companies with fewer than 50 workers, costs should drop. And if your firm employs 50 or more workers, costs might go up -- but only a little.
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Health Care Law Should Help Small Businesses Insure Workers:
Two men age 50 are walking down the street together. Both have paid 50,000 dollars for health care insurance. They both suffer a heart attack. One dies on the spot call him subject A. The other one lives to get to the hospital and spends 50,000 dollars to get fixed. What did subject A spend on health care? Zero, nothing, and he spent allot on insurance. Subject B spent 50,000 dollars on health care of which the insurance paid part. The cost of health insurance has nothing to do with the cost of health care. It is the cost of what the doctors, hospitals, and lab cost. That is what health care costs. You can buy all the insurance you want it does nothing to drive down the cost of heath care prices.
- buck123
- Joined: Wed Jun 22, 2011 9:34 pm
1 post • Page 1 of 1
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