"Manufacturers...rising cost of health care and insurance as top challenge"

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Manufacturers point to rising cost of health care and insurance as top challenge

According to the National Association of Manufacturers (NAM)/IndustryWeek Survey of Manufacturers released Monday, more than 77 percent of manufacturers pointed to rising health care and insurance costs as their primary challenge this quarter.

More than 90 percent of the companies surveyed said their health insurance premiums have increased, with 58.6 percent of companies increasing employee co-pays, 27.7 percent reducing coverage, and 17.6 percent changing insurance providers to help cut costs.

...More than 23 percent said they have reduced or stopped hiring, 20.2 percent said they have reduced or slowed down business and 7.9 percent said they have reduced employees’ hours.

“Costs and uncertainty are up, and manufacturers’ optimism is down thanks to the health care reform law,” NAM Senior Vice President of Policy and Government Relations Aric Newhouse said in a statement. “The health care law has weighed heavily on manufacturers all year long—and their concerns are not going away. It is standing in the way of manufacturing growth by seriously limiting investment and job creation.”

Read more: http://dailycaller.com/2013/12/09/manufacturers-point-to-rising-cost-of-health-care-and-insurance-as-top-challenge/

Big government answer? Legalize illegal aliens, criminals, gang, drug lords...

Big government asnwer? Open borders, no borders, increase welfare spending...

Who is going to pay for all these programs?