Leveling the Playing Field Between Employers

Cheer Up Papa John’s. Obamacare gave you a good deal.

Under the Affordable Care Act, the principle is different, and much less onerous: Employers don’t need to offer health care, and they don’t need to pay for most of the cost of their employee’s health care, but if their employees are taking advantage of public subsidies, then the employer should have to pay a penalty equal to about 1/8th the cost of the average employer-provided health-insurance plan.

Consumers should be optimistic. As you hear employers threatening to cut jobs because of Obamacare, recall that employer provided healthcare insurance has been on the decline for over a decade. America should be a race to the top, not a slide to the bottom. Though there will be short-term hiccups, Obamacare strengthens the health insurance market and the economy as a whole.

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