Assessing Potential Savings under the Massachusetts Single Payer Bill

Mass-Care's bill sets a payroll tax on employers of 7.5% or 8%, depending on size of workforce. Below, we have an sample of potential savings for businesses of different sizes and health plans. Below that, a calculator that allows businesses of all sizes to estimate potential cost savings under the Massachusetts Single Payer bill.

While the figures provided here offer insight, it's important to note that your business may experience even greater savings, particularly from the reduced administrative burden and improved employee health and productivity.  Your business can expect more than just financial savings.  Employees will gain access to comprehensive coverage, leading to increased productivity, reduced workers' compensation claims, and overall peace of mind.  Universal health care not only alleviates financial strain but also fosters a healthier workforce, ultimately benefiting your bottom line.

If you have any questions or would like further information, please don't hesitate to contact us at business@masscare.org.

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