Obamacare impact on Americans and economy, Higher premiums and deductibles, Medicare payments redirected, Employer costs passed on, Part time jobs instead of full time
“About two-thirds of the hospitals serving Medicare patients, or some 2,200 facilities, will be hit with penalties averaging around $125,000 per facility this coming year, according to government estimates.”…NE News Now
“Nearly half of U.S. companies are reluctant to hire full-time employees because of the ACA. One in five firms indicates they are likely to hire fewer employees, and another one in 10 may lay off current employees in response to the law.
Other firms will shift toward part-time workers. More than 40 percent of CFOs say their companies will consider switching some jobs to less than 30 hours per week or targeting part-time workers for future employment.”…Duke University Fuqua School of Business December 11, 2013
“Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.”…George Orwell, “1984″
The media has done a stellar job of focusing on signups for Obamacare and how this has improved. What they have, obviously intentionally, not done is focus on the worsening impact of Obamacare on all Americans and the economy.
Citizen Wells has revealed the impact of premium and deductible increases and the job losses and part time jobs trends.
We have also explained the impact of cost increases and taxes on companies. These costs are often passed on to consumers.
The impact of Obamacare is much more far reaching.
From The Foundry April 11, 2014.
“Talking about Obamacare’s effects is one thing; seeing hard data is another.
Heritage’s newly updated Obamacare in Pictures has 15 charts that show the law’s effects on Americans—from canceled insurance policies to new taxes, Medicare cuts, reduced choice for plans, and more.
Here’s a quick look at just three of these charts and how Obamacare is hitting three groups.
Obamacare says you can stay on your parents’ health insurance until you turn 26. This chart looks at what happens after that—if you don’t have employer-sponsored insurance and you have to get insured through Obamacare. If you’re trying to save for a car or house—or just paying rent to have your own place—seeing your premiums double is quite a blow.
You may recall Heritage experts’ warning that Obamacare would cut $716 billion from Medicare. That’s still happening.
Despite the Obama administration’s recent walking back of Medicare Advantage cuts for this year, Obamacare’s planned cuts to Medicare are moving forward. This chart shows which parts of Medicare are affected.”
Obamacare will require employers to make changes to their health care plans
Created on April 9, 2014
Thanks to commenter bob strauss.