[rawhide]

Businesses with 25 employees or more would be required to offer health insurance or pay $750 a year per full-time worker to the federal government, under health care reform legislation being considered in the Senate.

Many companies would jump at the chance to only pay an outlay of $750 year for their employees health insurance. I expect a lot of companies will cancel existing health insurance, pay the government their $750, and tell the employee to go buy their health insurance from the federal government. The problem is it will cost the worker a whole lot of money to make up the difference, since their company group rates will no longer be available.

[rahbert]

Or, there will be a lot fewer FTE’s and a lot more contractors. Microsoft for one manages to employ thousands
of contractors and pay zip zero nada for benefits.