3.27.2010
The List: Companies Booking Healthcare-Related Losses
Much of the ongoing healthcare debate focuses on very reasonable questions regarding how certain elements of the plan will be funded. However, even if claims that Uncle Sam is commandeering nearly 20% of the economy end up being frivolous, some potentially negative impacts are already rearing their heads in the private sector. For example, some companies have already started booking losses due to the passage of healthcare reform legislation. Many of these accounting measures are being taken in anticipation of a reduction in subsidies for prescription drugs that had been given to large corporations the past few years.
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