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Wednesday, June 02, 2010

Heath reform will increase costs, survey finds - The Hill's On The Money

Nearly all employers — 94 percent — tapped by the Towers Watson Health Care Reform Pulse Survey believe the new healthcare law will raise health costs for their organization.

Additionally, 61 percent believe reform will have a minimal effect on encouraging healthier lifestyles, and 73 percent said it will either have a negative impact or no impact on the quality of care.

"Employers are currently weighing the short-term challenges and long-term opportunities of the new law," said Mark Maselli, North American Health and Group Benefits Leaders for Towers Watson, in prepared remarks. "While many employers have not yet assessed the full impact that reform will have on their businesses, they do realize that the responsibilty to hold costs down will fall primarily on their shoulders."

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