Heritage consultant Mark Wilson published a new study Friday, detailing how the “play-or-pay” employer mandates in H.R. 3200 will put 5.2 million low-wage workers at risk of unemployment or reduced working hours. Fox News covered the story:
[youtube]http://www.youtube.com/watch?v=R6GCuhXQPyY[/youtube]
Also from the report:
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- The mandates will cost businesses at least $49 billion per year.
- Another 10.2 million workers would be at risk of slower wage growth and cuts in other benefits.
- The mandate will cause 9 million mostly low-wage and part-time workers to lose their employment-based health insurance.