Obamacare Failure Begining To Be Challenged
Feb 22, 2015 11:41:42 #
On Thursday, a report by Bloomberg Business further challenged the notion that Obamacare presents an unsustainable burden on large and small businesses. Among the report's findings:
The Patient Protection and Affordable Care Actotherwise known as Obamacareis putting such a small dent in the profits of U.S. companies that many refer to its impact as not material or not significant, according to a Bloomberg review of conference-call transcripts and interviews with major U.S. employers.
In addition to slowing the rise of healthcare costs, the report found that the cost of implementing Obamacare for many businesses was much more modest than many politicians had feared.
http://www.bloomberg.com/politics/articles/2015-02-20/a-look-at-dire-obamacare-predictions-that-haven-t-panned-out-yet
The Patient Protection and Affordable Care Actotherwise known as Obamacareis putting such a small dent in the profits of U.S. companies that many refer to its impact as not material or not significant, according to a Bloomberg review of conference-call transcripts and interviews with major U.S. employers.
In addition to slowing the rise of healthcare costs, the report found that the cost of implementing Obamacare for many businesses was much more modest than many politicians had feared.
http://www.bloomberg.com/politics/articles/2015-02-20/a-look-at-dire-obamacare-predictions-that-haven-t-panned-out-yet
Feb 22, 2015 12:33:03 #
UncleJesse wrote:
On Thursday, a report by Bloomberg Business furthe... (show quote)
If you're ignorant enough to believe anything by that writer, David Knowles, you're a fool...he is a left-wing hack. The ACA is a disaster...period.
Feb 22, 2015 12:47:53 #
UncleJesse wrote:
On Thursday, a report by Bloomberg Business furthe... (show quote)
Does the Bloomberg article state that the reason ObamaCare's impact is small on Businesses is Primarily Due To The Businesses LOWERING WORKERS' HOURS TO UNDER 30 HOURS PER WEEK & SO AREN'T PAYING THEIR PORTION OF THE WORKERS' HEALTHCARE?!?
Feb 22, 2015 12:57:15 #
Feb 22, 2015 12:57:50 #
Feb 22, 2015 14:16:24 #
It looks like no one really knew but talked as if they knew everything...
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
JimMe wrote:
Does the Bloomberg article state that the reason ObamaCare's impact is small on Businesses is Primarily Due To The Businesses LOWERING WORKERS' HOURS TO UNDER 30 HOURS PER WEEK & SO AREN'T PAYING THEIR PORTION OF THE WORKERS' HEALTHCARE?!?
Feb 22, 2015 14:18:12 #
UncleJesse wrote:
It looks like no one really knew but talked as if they knew everything...
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
looks like you have hit the bottle a little to much,go sleep it off.
Feb 22, 2015 14:24:33 #
It's something to be aware of concerning the next part to debate.
In addition, GOP governors are concerned with losing Medicare funding if SCOTUS rules for the plaintiff in the next Obamacare ruling...looks like the most viable option if that happens is to embrace Obamacare by building a state-run exchange to prevent a state's insurance market collapse.
It is definitely getting interesting and if it doesn't fail soon, we're looking at surrendering the call to repeal.
In addition, GOP governors are concerned with losing Medicare funding if SCOTUS rules for the plaintiff in the next Obamacare ruling...looks like the most viable option if that happens is to embrace Obamacare by building a state-run exchange to prevent a state's insurance market collapse.
It is definitely getting interesting and if it doesn't fail soon, we're looking at surrendering the call to repeal.
JMHO wrote:
If you're ignorant enough to believe anything by that writer, David Knowles, you're a fool...he is a left-wing hack. The ACA is a disaster...period.
Feb 22, 2015 14:38:59 #
Too early for that but you may want to be aware how this challenge is starting:
http://www.nytimes.com/interactive/2015/02/22/sunday-review/steven-rattner-for-tens-of-millions-obamacare-is-working.html?_r=0
"Now statistics for the second year are largely in hand and the verdict is indisputable: Its disastrous 2013 rollout notwithstanding, the Affordable Care Act has achieved nearly all of its ambitious goals.
Most important, just three key provisions creation of exchanges with subsidies for those who qualify, expansion of Medicaid and minimum standards for insurance plans have benefited at least 31 million Americans.
Millions more have taken advantage of other features, such as the inability of insurance companies to deny coverage based on pre-existing conditions and the ability to include children up to age 26 in a parents plan.
Finally, while other promises of the Affordable Care Act are harder to measure, the slowdown in the rate of increase in health care costs and health insurance premium prices is at least partly due to the new law. "
http://www.nytimes.com/interactive/2015/02/22/sunday-review/steven-rattner-for-tens-of-millions-obamacare-is-working.html?_r=0
"Now statistics for the second year are largely in hand and the verdict is indisputable: Its disastrous 2013 rollout notwithstanding, the Affordable Care Act has achieved nearly all of its ambitious goals.
Most important, just three key provisions creation of exchanges with subsidies for those who qualify, expansion of Medicaid and minimum standards for insurance plans have benefited at least 31 million Americans.
Millions more have taken advantage of other features, such as the inability of insurance companies to deny coverage based on pre-existing conditions and the ability to include children up to age 26 in a parents plan.
Finally, while other promises of the Affordable Care Act are harder to measure, the slowdown in the rate of increase in health care costs and health insurance premium prices is at least partly due to the new law. "
vernon wrote:
looks like you have hit the bottle a little to much,go sleep it off.
Feb 23, 2015 11:07:27 #
UncleJesse wrote:
It looks like no one really knew but talked as if they knew everything...
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
the CBO report showed it was employees who were cutting back on hours as a result of finally being able to afford healthcare coverage.
USA Companies were stating months before the ACA-HealthCare Plan took affect that they were going to have to cut workers' hours below thirty hours to maintain a Profit...
The Congressional Budget Office Report showed the Employees miraculously happened to volunteerily cut their own hours to below the 30 hour full time Employee Limit because they could now Afford HealthCare Coverage... As opposed to keeping their 40 hour Full Time Limit & Increase Their Household's Income While now Affording HealthCare Coverage...
With these scenarios, I'll believe the Companies' over the CBO's...
Feb 23, 2015 11:42:00 #
JimMe wrote:
USA Companies were stating months before the ACA-H... (show quote)
every department of the us government has been corrupted by this obama administration.
Feb 23, 2015 13:57:56 #
Libtards have no understanding of how a business runs. Because they see a business makes money; they think nothing changes within the business.
Increase minimum wage? Sure! The business will compensate by eliminating as many entry level workers as possible. Unintended consequence: unemployment increases.
Require business to pay for health insurance for over 30 hours work? Great! Business makes money by turning all employees in to part time workers. Unintended Consequence: Less people have insurance, employees make less money and economy stagnates.
When, Oh when, will liberals learn that Utopia is not possible!
Increase minimum wage? Sure! The business will compensate by eliminating as many entry level workers as possible. Unintended consequence: unemployment increases.
Require business to pay for health insurance for over 30 hours work? Great! Business makes money by turning all employees in to part time workers. Unintended Consequence: Less people have insurance, employees make less money and economy stagnates.
When, Oh when, will liberals learn that Utopia is not possible!
Feb 23, 2015 17:25:35 #
This is a low income demographic who are sick or have a sick family member.
After obtaining coverage under the health-care law, some will choose to forgo employment, the report said, while others will voluntarily reduce their hours. That is because insurance subsidies under the law become less generous as income rises, so workers will have less incentive to work more or at all.
After obtaining coverage under the health-care law, some will choose to forgo employment, the report said, while others will voluntarily reduce their hours. That is because insurance subsidies under the law become less generous as income rises, so workers will have less incentive to work more or at all.
JimMe wrote:
USA Companies were stating months before the ACA-H... (show quote)
Feb 24, 2015 02:34:02 #
Nothing the CBO or any other government agency puts out is the whole t***h. Not numbers on debt. Labor statics. Government costs. Nothing. Great example is the disparity between U3 employment statistics...the one's you hear about in the news or when some blowhard in Washington wants to toot his own horn, and the U6 statistics which are available, but no one ever talks about! Self-preservation is their number one priority. Period
Feb 24, 2015 02:41:23 #
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Obamacare Failure Begining To Be Challenged
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