Experts say it may be too soon to gauge the full impact of the health care law, but the bottom line will depend on overall costs, not health insurance alone.
"If businesses do decide to offer health insurance, they'll be paying their employees less. From a business point of view, it's the total cost of compensation," Faucher said, adding that he doesn't think "it's going to increase costs."
Meanwhile, Republicans are dubbing the bill as a job killer and calling for a repeal of the law. Critics say that mandating a fine on companies whose employees apply for government subsidies for health insurance will place an even bigger burden on firms struggling to recover from the recession. Several states have also filed lawsuits saying the requirement for every individual to have health insurance is unconstitutional.