Wal-Mart Expects $330M In Additional Health Care Costs Due To Obamacare

Interesting news!!!

CBS DC

WASHINGTON (AP) — Sarah Curtis-Fawley will have to offer insurance to her workers at Pacific Pie Co. because of the health care overhaul, and the estimated $100,000 cost means she may have to raise prices or postpone opening a third restaurant.

On the other end of the spectrum, the owner of a 1-800-Got-Junk? franchise near Philadelphia figures he’ll save money because his 12 workers now can shop for coverage on public insurance exchanges created by the overhaul.

“For an employer at my level, it’s a win,” said Eric Blum, franchisee of the junk removal service.

The Affordable Care Act, which aims to provide coverage for millions, is playing to decidedly mixed reviews in corporate America. Its impact on companies varies greatly, depending on factors such as a firm’s number of employees and whether it already provides health insurance.

Some businesses are dealing with administrative hassles or rising costs, while others…

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