Monday, October 08, 2012

Study: Costs will rise on mid-size firms from new healthcare law

The Hill reports:
President Obama's healthcare law won't erode employer-based health insurance — but it will raise some companies' costs by nearly 10 percent, according to a new analysis from the Urban Institute. Although the law's critics usually focus on small businesses, the new paper says medium-sized firms will see the biggest cost increase.
Just a reminder: the demand for labor is a downward sloping curve.