Massachusetts employers who do provide insurance will no longer be asked to foot the costs of the uninsured through higher premiums.
All companies would be required to offer insurance to their workers, who would have to bear some of the cost themselves through premiums.
The loans would be repaid through higher premiums paid by banks to the fund.
Those increases typically are then passed along to policyholders through higher premiums.
It said 16 percent of that amount, or $10 billion, would come from beneficiaries, mainly through higher premiums.
Opponents' spin: And consumers will have to pay the cost through higher premiums.
Experts say the tax will likely be passed on to employees through higher premiums or lower benefits and wages.
This optional insurance is obtained through monthly premiums of $24.80.
On paper, Class was supposed to be like normal insurance, funding benefits through premiums with no subsidy.
Beneficiaries would pay some of the cost through higher premiums.