On the recordMay 25, 2010
The overwhelming majority, 90 percent of employers, believe that health care reform will increase their organization's health care costs. They're right. I don't know why it's not 100 percent, because it's going to; but 90 percent of employers believe their health care costs will go up, and they will. Sixty-eight percent plan to re-examine their health benefit strategy for active employees this year. Now, I'll tell you something, just Sunday, I think it was in the Sunday Athens Banner-Herald, there was an article where the University of Georgia is very seriously considering not giving any new hire that the University of Georgia puts on their payroll retirement benefits once they retire, or health care retirement benefits because of the cost, because of ObamaCare, and because of the strain on the budget that University of Georgia is suffering from right now.
