Massachusetts firms pare costs elsewhere to pay for coverage
Wall Street Journal, July 24, 2009
As Congress considers requiring small businesses to provide health insurance for their employees, Massachusetts provides an example of how such a law affects companies. The 2006 Massachusetts universal health-insurance law requires businesses with 11 or more full-time employees to offer coverage or else pay a penalty of $295 per employee per year. While most companies have complied, many say they are cutting elsewhere to cover the cost.