|By VOA News|
|Federal Information & News Dispatch, Inc.|
Report: Employment May Shrink Because of Health Care Law
A report by the U.S.
The report, released Tuesday, may fuel the debate over whether the health care reform law known as "Obamacare" is good for the economy. The CBO report said if people's health care plans are not tied to their employment status, fewer will choose to work and some who keep working may choose to work fewer hours. The predicted reduction in hours adds up to about 2.5 million fewer full-time positions by 2024.
Critics of Obamacare, including many Republicans, say the findings show that the plan will ultimately have an adverse effect on the economy. The
The report also said that the long-term effects of the health care reforms are still unclear. It said that over time, more people are expected to take advantage of the new coverage options, so enrollment is expected to increase sharply in 2015 and 2016.
|Copyright:||(c) 2012 Federal Information & News Dispatch, Inc.|
We have detected that you are using an adblocker. The revenue we earn by advertisements allows us to publish quality content on InsuranceNewsNet.com.
If you wish to enjoy our content, please disable your adblocker and click the button below.
We hope you choose to whitelist our website and enjoy the content our team works hard to publish.