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Related Experiment Videos

Companies hate the health plan.

A R Dowd

    Fortune
    |November 29, 1993
    PubMed
    Summary
    This summary is machine-generated.

    Employers faced significant financial burdens from President Clinton's healthcare reform proposal. Many concluded the new entitlement program was unaffordable, posing a substantial economic challenge.

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    Area of Science:

    • Health Policy
    • Economics

    Background:

    • President Clinton's healthcare reform proposal aimed to expand insurance coverage.
    • The proposal introduced a new entitlement program with significant cost implications.

    Purpose of the Study:

    • To analyze employer perspectives on the financial feasibility of President Clinton's healthcare proposal.
    • To assess the perceived affordability of the proposed healthcare entitlement for businesses.

    Main Methods:

    • Qualitative analysis of employer feedback and statements regarding the proposal.
    • Economic impact assessment focusing on employer-paid healthcare costs.

    Main Results:

    • A significant number of employers expressed concerns about the financial burden of the proposed entitlement.

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  • Employers concluded that the projected costs associated with the new healthcare entitlement were unaffordable.

    • Conclusions:

    • The proposed healthcare reform, as presented by President Clinton, was perceived by many employers as financially unsustainable.
    • Employer opposition was largely driven by concerns over the significant, unaffordable costs of the new entitlement program.