The ThinkProgress website author appears to have missed the key sentance; "But Chief Financial Officer Steve Hare told an investment conference on March 14 that executives have cut the estimate by 80%, to $5,000 a year, primarily because they expect many employees to decline the insurance offering." In other words, it will cost less because the workers don't want what is being mandated.
Left unsaid is the law encourages business to limit the number of employees, easy to do since most fast food companies francise their operations, and cut employees to less than 30 hours per week.
None of these things helps the law's goal of providing insurance to lower income households, and, in many ways, leaves them worse off that before ACA.
It is too bad that this law wasn't better thought out.
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