A new study by the Bay Area Council Economic Institute titled The Economic Impact of the Affordable Care Act on California concludes that the federal health care law would create almost 100,000 new jobs across California and boost economic output by $4.4 billion. The biggest expected job gains occur in Southern California, with almost 58,000 new jobs
Read More...A new study from the Employment Benefit Research Institute finds that 55.8 percent of employees were getting health insurance directly from their employer as of April 2011, the most recent data available. That’s a nearly 5 percentage point drop from December 2007, when the economy first went into recession. Early research shows that the number
Read More...An increasing number of employers plan to move to an employee choice benefit model over the next two years, which means that employees will have greater responsibility for choosing the types and levels of benefits they receive. They will also be responsible for paying for a greater share of their benefit costs, according to a
Read More...US Spending On Healthcare Blamed On Higher Prices. Politico (5/3, Smith) reports, “The United States spends more on health care than 12 other industrialized countries, a new Commonwealth Fund study finds – but that doesn’t mean this country’s care is any better.” At a per capita cost of “nearly $8,000” the report found that “health
Read More...House GOP Report Says ACA Gives Employers Inventive To End Coverage. The “Healthwatch” blog of The Hill (5/2, Baker) reports House Republicans on the Ways and Means Committee said that the healthcare reform law “gives the country’s biggest businesses a strong incentive to quit offering healthcare benefits” because they “would save billions of dollars.” However,
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