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Compensation growth in Boston, Worcester exceeds national average | The U.S. Bureau of Labor Statistics on Tuesday said that employee compensation in the metropolitan area that includes Boston and Worcester grew 2.3 percent in the year ending in December 2016. | Read more >> | FLEXcon partners with Needham firm | Spencer adhesives manufacturer FLEXcon will partner with a Needham company to create new technology for life-support systems, the firm said Tuesday. | Read more >> | Power industry warns of greenhouse gas plan side effect | Environmental advocates and electricity generators urged consideration of how new DEP rules could affect power plant emissions outside state borders. | Read more >> | |
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Question of the Week | Can't answer the question in your email? Click here to view as web page before commenting. | Gov. Charlie Baker has proposed fining Massachusetts companies with more than 10 workers a $2,000 penalty per full-time employee if they do not offer a qualifying health plan to those workers. The estimated $300 million in revenue from the penalties would be used to offset the estimated $600 million in increased Medicaid costs for fiscal 2018. Should companies be fined for not offering health insurance? Yes. The cost of health care is a universal issue and businesses need to contribute. Yes. Uninsured workers create an unnecessary strain on Medicaid. No. Health insurance is an employee benefit and employers should not be forced to offer it. No. The government should offer universal health care and relieve businesses of the burden of offering it to workers. | |
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