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Post by Sapphire Capital on Oct 3, 2008 11:28:24 GMT 4
California's Health Insurance Act of 2003: View of the Market Steven E. Abraham State University of New York - School of Business; State University of New York at Oswego Paula B. Voos Rutgers, The State University of New Jersey - Labor Program Industrial Relations: A Journal of Economy and Society, Vol. 47, Issue 2, pp. 209-228, April 2008 Abstract: This play or pay mandate would have required California employers to either provide medical insurance for their employees or pay into a state insurance fund. Although the law ultimately did not go into effect, movements in shareholder wealth provide evidence about the differential effects of such health-care mandates on various types of employers. Large or unionized firms had no negative effects expected profits declined most for firms with 50,199 employees. papers.ssrn.com/sol3/papers.cfm?abstract_id=1100810
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