The Republican majority on the House Ways and Means Committee says the "Democrats' health care law," otherwise known as health care reform, contains policies that create "perverse financial incentives" for employers to stop offering health insurance to their employees.
The committee majority submitted a report this week to Ways and Means Committee Chairman Dave Camp, R-Mich., in which it detailed information from 71 Fortune 500 companies on the cost and coverage of the health insurance plans.
The committee group concluded that employers could save "an estimated $28.6 billion in 2014 alone by eliminating health insurance coverage for their more than 5.9 million U.S. employees (impacting more than 10.2 million employees and dependents covered by those plans) and instead paying the $2,000 per full-time employee fine created in the Democrats' health care law.
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