Propositions 214 and 216 Would Result in Lost Jobs, Increased Health Costs, According to Study Prepared by Barents Group LLC for Taxpayers Against Higher Health Costs.

Business Wire (July 22, 1996)


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Headnotes:

Extract:

Propositions 214 and 216 Would Result in Lost Jobs, Increased Health Costs, According to Study Prepared by Barents Group LLC for Taxpayers Against Higher Health Costs.

SACRAMENTO, Calif.--(BUSINESS WIRE)--July 22, 1996--As many as 60,000 jobs could be lost by the year 2003, due to increases in the cost of health care; insurance premiums for many health plans could increase by nearly 15 percent; California employers could be hit with health cost increases of as much as $2.7 billion -- with small businesses bearing more than 30 percent of that increase; and taxpayers would be hit with hundreds of millions of dollars in higher costs.

These would be among the negati...



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