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US business hits out at ‘Obamacare’ costs

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US business hits out at ‘Obamacare’ costs
By Barney Jopson in New York and Alan Rappeport in Washington

US retailers and restaurants chains that employ millions of low-wage workers are considering cutting working hours or paying fines rather than enrolling employees in health insurance plans under Barack Obama’s landmark healthcare law.

Employers are concerned that the law increases the cost of insuring employees on existing plans, partly by broadening the range of benefits. It also requires companies to insure some employees not previously covered.

https://www.ft.com/intl/cms/s/0/b2bce37c-7644-11e2-8eb6-00144feabdc0.html#axzz2LLG8TFZH

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