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Obamacare glitches
#22

Obamacare glitches

Quote: (10-02-2013 02:17 PM)It_is_my_time Wrote:  

Not everything in the ACA is bad. But in 1,200 pages, a bill passed by a feminist president is going to have lots of bad in it.

Thus these companies continue to lay off and cut back on their work force. It isn't "sensationally biased media" reports, it is just what is happening...

https://www.google.com/#q=companies+that...+Obamacare

First TV channels, now lazy Google searches? That's what informs your certainty about how the ACA will play out in the future?

You entered a search term that fielded the kind of "sensationally biased media" reports I alluded to.

I can cite media that counters the same points you're making. What gives? What's telling is that you have not addressed the points I made nor have you answered the questions I posed, yet I responded to your each of yours.

Quote:Quote:

Small Businesses Have Seen Increased Hiring As Economy Improves; Employers Show Few Signs Of Reducing Work Force Due To The ACA

USA Today: The Individual Mandate For Businesses To Provide Coverage Has Not Deterred Hiring. According to an August 21 USA Today article, there is no evidence that the ACA has caused small businesses to stop hiring:

The gains are beginning to shift the terms of the debate over the health care law. Under the law, businesses with 50-plus full-time-equivalent workers must offer insurance to people working 30 hours a week beginning in 2015. That mandate, originally slated for 2014, has not deterred hiring as feared, some economists now say.

As more data come in, the law's impact can't be seen in hiring statistics, says Mark Zandi, chief economist of Moody's Analytics.

"I was expecting to see it. I was looking for it, and it's not there,'' says Zandi, whose firm manages ADP's surveys of overall private-sector job creation. If the Affordable Care Act "were causing a drop, you would see meaningful slowing.'' [USA Today, 8/21/13]

Federal Reserve Bank Of Minneapolis Study: 89 Percent Of Individuals Surveyed Said Their Companies Did Not Plan To Cut Hours For Employees. According to a study by the Federal Reserve Bank of Minneapolis, of the 205 contacts surveyed, 89 percent reported no plans to cut workers' hours due to the Affordable Care Act:

The survey asked: Has your company or organization shifted to more part-time workers in response to the Affordable Care Act (federal health insurance requirements)?

Only 4 percent said they had shifted to more part-time workers, while another 7 percent said they planned to do so. But 89 percent said they had not made, nor were planning, such a move.[Federal Reserve Bank Of Minneapolis, 3/20/13]

CEPR Study: Only 0.6 Percent Of The Workforce Work Just Below 30 Hour Cutoff. According to a July 2013 study by the Center for Economic and Policy Research, an analysis of the Current Population Survey shows that only 0.6 percent of the workforce is currently working just under the 30 hour cutoff for a full-time employee, suggesting "that employers do not appear to be changing hours in large numbers in response to the sanctions in the ACA." [Center for Economic and Policy Research, July 2013]

Federal Reserve Bank Of San Francisco Study: Any Effect ACA Has On Reduced Hours For Workers Is "Likely To Be Small." According to a study by the Federal Reserve Bank of San Francisco, "most large employers already faced IRS rules" preventing them from denying coverage to full-time workers but haven't reduced workers' hours to avoid paying those costs. The report further notes that once the ACA is fully implemented, "the ultimate increase in the incidence of part-time work [...] is likely to be small, on the order of a 1 to 2 percentage point increase or less." [Federal Reserve Bank of San Francisco, 8/26/13]

The Atlantic: "Much Of What The Cleveland Clinic System Is Doing Follows The Recommendations Of Health-Care Analysts Closely." According to a September 20 story in The Atlantic, the Cleveland Clinic has been "working on reducing costs for years" to be viable but reports it is "still hiring" and is following normal procedures in cutting its budget:

In fact, the "Obamacare is killing jobs" story isn't really accurate. It's not totally false -- the Cleveland Clinic will in fact take in less money because of the law --but it's a more complicated story about changes in medicine. When I reached Sheil on Thursday, she seemed a bit confused by the emphasis on Obamacare in reports. "We've been working on reducing costs for years," she said.

"We felt health-care reform was absolutely necessary," Sheil said. "This is the new normal. This is where hospitals have to focus to be viable in the long run. This is not doomsday for the clinic. We're still growing -- we're still hiring. The hardest thing is when it affects people."

Actually, much of what the Cleveland Clinic system is doing follows the recommendations of health-care analysts closely. For example, it has consolidated closely located neonatal intensive care units, because high volumes tend to lead to better results. It's working to reduce the number of procedures its staff performs, since in the current system "physicians are rewarded to do more, not to do the right thing for the patient," as Sheil put it. And there's a new focus on chronic diseases, which are an increasingly important and costly area for treatment. [The Atlantic, 9/20/13]
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