Big Business Sees Big Changes in Health Care

Big Business Sees Big Changes in Health Care

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Barack Obama is likely to breathe a sigh of relief today as he signs the most hard-fought legislation of his presidency to date. Supporters of the health care bill will be exhaling along with him. They argue that it will save money – for individuals, small business owners, health care providers, even the government. But of course not everyone sees the health care bill as an accomplishment. Plenty of others worry the health care bill will cost more than it saves. Take Illinois based manufacturer Caterpillar, Inc. They’ve calculated that the terms of the new health care bill could increase the company’s costs by $100 million. That has some folks here worried about their jobs. How likely is it that other companies in the area will face a spike in the costs of doing business thanks to the health care bill? Eight Forty-Eight business contributor David Greising has some analysis.