Rising Health Care Costs Have Many Implications

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Rising Health Care Costs Have Many Implications

  • Indirect Implications

    • Slower workforce growth
    • Additional off-shoring pressures
    • Additional part-time versus full-time workers
    • Slower cash-wage growth
    • Reduction in retiree health coverage, pensions, and other benefits
    • Slower growth in revenues from individual income taxes and payroll taxes