Friday, February 17, 2006

Legislating health benefits from large corporations

State Rep. Judy Solano, D-Brighton has introduced a bill that would force large Colorado employers to pay 11 percent of wages toward health care costs hand over the difference to Medicaid.The bill is an adaptation of Maryland's recently adopted law requiring employers with over 10,000 employees to spend at least 8% of payroll costs on employee health benefits

House Bill 1316 maybe targeting target Wal-Mart, the world's largest retailer, which employs 25,380 in Colorado, but all businesses firms with 3,500 or more workers would also have to comply -- including King Soopers, Centura Health, Safeway, HCA- HealthOne, Exempla Health, IBM and the University of Denver. All government agencies would be exempt.

Similar bills are being considered in 30 states.

Read Rachel Brand's article in the Rocky Mountain News
[February 9, 2006]

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