• Quick note - the problem with Youtube videos not embedding on the forum appears to have been fixed, thanks to ZiprHead. If you do still see problems let me know.

How will Obamacare kill jobs?

Travis said:
I'm seeing TV adverts saying Obamacare will kill jobs.

It doesn't say how though. Does anyone know?
Click to expand...

Ambulance-chasing attorneys will not be able to run up as many billable hours making stingy insurance companies actually pay for stuff that anyone with an IQ over room temp can see are legitimate procedures.
 
Insurance company fat cats may have to go out and get a real job instead of living off the sad misfortunes of others?
 
Pharmacies won't be able to sell masses of 'try it and see' drugs to people who can't affort health insurance as they will be able to see a proper doctor and get the correct meds the first time?
 
Builders won't have commissions to build big flashy head offices for insurance firms as a proper healthcare system will put money into health and not the pockets of rich people?
 
Firms won't be able to employ temporary staff to cover sick leave as people will get treated properly and won't be off sick as often?
 
Lawyers won't have jobs making up all the small print to exclude even genuine people from having medical cover?
 
It will be rough on insurance salesmen, especially if it attains its original form. When everybody can get equivalent coverage at the same price, a lot of them will find themselves unnecessary, sort of like travel agents. To some, the loss of insurance salesmen is a small price to pay, but yes, there will be some adjustment. It won't be painless. Worthwhile stuff never is.
 
How Will the Affordable Care Act Affect Jobs?

Abstract

In this report, the authors examine how the Affordable Care Act (ACA) will impact labor costs and the demand for labor. They conclude that the ACA will not have noticeable effect on net levels of employment for three reasons – (1) the net new expenditures are too small relative to the overall size of the economy; (2) the negative effects on jobs of Medicare premium cuts and new taxes will be offset by the expansion of coverage through Medicaid and income related subsidies that will likely increase employment; and (3) the new law will not affect the most firms either because they already provide private insurance that meets federal standards or they are exempt from the new requirements because they employ fewer than 50 workers.
Click to expand...
 
Tricky said:
It will be rough on insurance salesmen, especially if it attains its original form. When everybody can get equivalent coverage at the same price, a lot of them will find themselves unnecessary, sort of like travel agents. To some, the loss of insurance salesmen is a small price to pay, but yes, there will be some adjustment. It won't be painless. Worthwhile stuff never is.
Click to expand...

Insurance salsemen losing work means waiters, waitresses, hotels, rental car companies, and airline and rail lose income.

Ripple effect.

There are other side effects, but that's one of them.
 
joolz said:
Insurance company fat cats may have to go out and get a real job instead of living off the sad misfortunes of others?
Click to expand...

The "fat cats" most likely have enough dough so they don't have to ever work again.

Most of their clerical, office support, IT, sales force, etc, will need to look for work.

Why do hate the little people? :confused:
 
Darth Rotor said:
Insurance salsemen losing work means waiters, waitresses, hotels, rental car companies, and airline and rail lose income.

Ripple effect.

There are other side effects, but that's one of them.
Click to expand...
Oh yeah, losing jobs hurts other parts of the economy besides the jobs that are lost. But for every door that closes... well... you know. Having lots of people getting health care who couldn't get it before opens lots of jobs in the health industry. Having lots of new customers opens jobs in the pharmaceutical industry. And see Puppycow's post above. Yes, there will be some adjustments, but I honestly feel that we will be better off as a nation once universal health care is established. After all, sick people are a big drain on the economy. If we can keep people healthy, it will increase our productivity in almost every situation. Plus they'll be healthier. In my mind, that's something worth working for, and even spending some "up-front" money for.
 
Unless Obamacare somehow ships more jobs to China then it seems to me that it should spur employment or at least be a wash.

You know if insurance costs were less maybe small businesses would be able to expand their operations?
 
Travis said:
Unless Obamacare somehow ships more jobs to China then it seems to me that it should spur employment or at least be a wash.

You know if insurance costs were less maybe small businesses would be able to expand their operations?
Click to expand...

Well, since insurance costs are expected to increase due to ACA, small businesses can expect to bear the costs.
 
The magical "something for nothing" thinking going on here is truly amazing. Why, Obamacare will reduce the deficit, not cost any jobs, and provide insurance coverage for millions of Americans. It will probably clean your windows as well.

There is no free lunch, folks. Everything comes with a pricetag. You may decide that the price is right, but you cannot wish it away. Obamacare (among many other things) requires that companies providing coverage insure adult children till 25. That is a cost, and unless you believe that somehow those companies are going to ignore costs, you have to accept that they will be marginally less likely to hire new employees.
 
Brainster said:
The magical "something for nothing" thinking going on here is truly amazing. Why, Obamacare will reduce the deficit, not cost any jobs, and provide insurance coverage for millions of Americans. It will probably clean your windows as well.

There is no free lunch, folks. Everything comes with a pricetag. You may decide that the price is right, but you cannot wish it away. Obamacare (among many other things) requires that companies providing coverage insure adult children till 25. That is a cost, and unless you believe that somehow those companies are going to ignore costs, you have to accept that they will be marginally less likely to hire new employees.
Click to expand...

So why not just have a Public Option?
 
You must log in or register to reply here.

Back
Top Bottom