« | »

Obama-Care Will Cost Jobs, Hasn’t Reduced ER Visits

First we have this from the Daily Caller:

Report: One Obamacare Tax Could Cost Up To 286,000 Jobs

By Sarah Hurtubise | May 6, 2014

Just one of Obamacare’s many taxes could cost the U.S. hundreds of thousands of jobs over the next decade, according to an industry report published Tuesday. The National Federation of Independent Business projects that between 152,000 and 286,000 jobs will be lost by 2023 due to Obamacare’s health insurance tax.

But these people will be freed from ‘job lock.’

NFIB, a nonprofit association of business owners, actively supports the repeal of the tax.

No wonder. But where have they been for the last five years?

The health insurance tax… targets insurance companies, charging each one proportional to their market share — the more health plans sold (Obamacare’s goal), the more insurers are required to pay.

The report found that the tax will cause a spike in the cost of employer-sponsored health coverage, which will lead primarily small businesses to cut jobs. NFIB estimates that 57 percent of the job losses will come from small businesses — firms with under 500 employees, according to the federal Small Business Administration.

The cut in employment would results in a reduction of U.S. real output, or sales, of between $20 billion and $33 billion through 2023…

And then there is this report, from the Washington Free Beacon:

Hospital CEO: Obamacare Has Not Reduced ER Visits

May 6, 2014

[The] CEO of Tenet Healthcare Trevor Fetter told CNBC’s Squawk Box Obamacare has not reduced emergency room visits Tuesday morning. Panelist Steve Liesman asked Fetter about the controversial claim that Obamacare would reduce emergency room visits and if he as CEO as seen any effect from the law.

Fetter said emergency room visits are up, following the pre-Obamacare trend. The CEO also acknowledged the ER visit growth rate has failed to slow. Fetter attributed the trend to advances in ER efficiency and technology.

A Journal of Science study last January found the expansion of Medicaid actually increased the use of the emergency room among low income households by 40 percent. According to the New York Times, the study’s pattern held true across demographics and types of ER visits, including those that could be treated by a primary care physician.

President Obama repeatedly insisted his healthcare law would lessen the burden on emergency rooms across the country, both prior and since its passage.

Obama lied? Imagine that.

This article was posted by Steve Gilbert on Wednesday, May 7th, 2014. Comments are currently closed.

One Response to “Obama-Care Will Cost Jobs, Hasn’t Reduced ER Visits”

  1. canary

    The Obama’s are a little late since this last kidnapping was weeks ago. Not a peep when Christian women have been kidnapped in groves by Islamic terrorists.




« Front Page | To Top
« | »