Skip to comments.Businesses cut full-time workers to meet Obamacare mandate, study says
Posted on 11/14/2013 6:56:08 AM PST by grundle
Washington First, President Obama had to backtrack from his promise that if you like your health insurance plan, under Obamacare "you can keep it." Now, a new study is suggesting that, under Obamacare, "If you like your workweek, you cant necessarily keep it, either."
About 30 percent of small franchises and 12 percent of other small businesses say they are cutting work hours or swapping full-time for part-time workers because of the law, according to a poll sponsored by business groups.
The moves are part of a bid to control health-care expenses, and they are a sign of how the Affordable Care Act (ACA), which was designed to greatly expand the number of Americans who have health insurance, could be having some unintended consequences in the job market.
A key Obamacare incentive is an employer mandate that asks businesses to sponsor health insurance (or pay a penalty) if they have more than 50 full-time employees. It defines a full-time worker as one serving 30 or more hours per week. So a firm can avoid the mandate by having fewer than 50 people working full-time.
Although the provision wont be enforced until 2015, some employers with 40 to 500 workers have already started adjusting for the new landscape, the survey by Public Opinion Strategies found:
Some 31 percent of franchise businesses and 12 percent of non-franchise businesses say they have already reduced worker hours because of the law.
About 27 percent of franchise businesses and 12 percent of non-franchise businesses have already replaced full-time workers with part-time employees because of the law.
(Excerpt) Read more at csmonitor.com ...
But think of all the extra time they get to watch reality tv!
Ted Cruz was right. Barry’s response by shutting down American war memorials was childish and stupid. I guess you have to expect that from a Marxist Kenyan loser.
Just shows that the long-obsolescent concept of employer-provided health insurance is really losing its mojo. The rest of the developed world figured this out ages ago.
So much for the weasel, Austen Goosby’s favorite defense of ObamaCare....that there is “no evidence” that it has affected hiring. What a maroon. It just shows that university credentials should be considered a liability when considering someone for a government job.
Not coming exactly from a “right wing” source either.
Individuals should get their own insurance through interstate competition and the premiums and HSAs should be individually tax deductible.
Of course, the left doesn’t like this because the real point of gov’t health care is wealth transfer.
Only the very foolish could not see this coming.
Peopl will not be to make a livable income; probably one of the endgames of Obamacare - destruction of the economy; one of the factors that has made us one of the greatest nations in the world. Soros must be so proud of his boy.
Is it unethical to hate liberal elite democrats because they spread so much misery?