"Real liberty is neither found in despotism or the extremes of democracy, but in moderate governments.
Alexander Hamilton

Thursday, September 15, 2016

New data contradicts the worst fears of Obamacare critics

Here is the full article from Yahoo Finance reporting on the Kaiser Family Foundation partnering with the Health Research & Educational Trust, releasing its 2016 Employer Health Benefits Survey.
The two main findings are highlighted below.

 “Obamacare has caused millions of full-time jobs to become part-time.”
Fact: "In fact, the opposite happened: A whopping 7% of employers with more than 50 employees actually gave part-timers full-time jobs since Obamacare was officially launched in 2013. Only 2% of employers cut full-timers to part-time. However, it’s important to note this full-time surge came amid other gains for American workers in 2015, as noted by a recent Census report."

"The mandate would drive up premium costs for employers, hurting job numbers for ordinary Americans in the process."
Fact: "Well, they actually increased less than they have in ages, in part thanks to high-deductible plans that give employees more “skin in the game,” 

4 comments:

Anonymous said...

More skin in the game? That's a creative spin. Please include the number of insurance companies that have dropped out or have announced their departure from program participation? How that will affect MD & Hospital choice for patients? Please include what the average increases to employer costs have risen to , year over year, and the post the average deductible increases that employees have been forced to pay. The program was jammed through with obvious flaws that have created unfortunate burdens for the middle class...giving a working person an insurance card with a much higher monthly premium and a $7,000 plus deductible means, for practical purposes, he only has a small piece of paper in his wallet?
Everyone in the know believes that areas in this well-intended program need review and improvement...as long as we maintain this DC 'honesty gridlock', it is unsustainable and doomed to fail.

Moultonboro Blogger said...

"Everyone in the know believes that areas in this well-intended program need review and improvement...as long as we maintain this DC 'honesty gridlock', it is unsustainable and doomed to fail."
Agree- if we continue electing people who put political ideology ahead of the citizens they were elected to represent we never break the gridlock in Washington or Concord.

Anonymous said...

You are politicizing the math, the truth is that the program is costing more people who had insurance coverage more money than before to cover their families' needs, An ill-developed program that enables a minority to get better coverage on the backs of working middle class workers who have to pay much more out of pocket is far from a solution. Big pharma, hospital monopolies, etc are driving costs higher and paying out equally to both sides of the aisle. With 10,000 boomers graduating to Medicare daily for the next ten years, the numbers are simply unsustainable, that's all.

Moultonboro Blogger said...

The ACA has been politicized from the get go. There is a lot that can be done to fix the flaws, but there is no chance for any reasonable dialogue when you do not have reasonable people addressing it.