And the decision for employers moving forward is do you pay $20,000 for an insurance plan in 2016 or do you pay the $2,000 penalty? And again, you're not throwing your employees to the wolves here. You're making them eligible for huge subsidies. We simply can't afford this law. The fact that this was going to reduce the deficit is a total fiction. This is going to cost trillions of dollars and we simply can't afford it. (09:20–09:23)
CLAIM
Asserts that employers not providing insurance make employees eligible for huge subsidies.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
