Like The Herald Business Journal on Facebook!
The Herald of Everett, Washington
Heraldnet.com

The top local business stories in your email

Contact Us:

Josh O'Connor
Publisher
Phone: 425-339-3007
joconnor@heraldnet.com

Jody Knoblich
General Sales Manager
Phone: 425-339-3445
Fax: 425-339-3049
jknoblich@heraldnet.com

Jim Davis
Editor
Phone: 425-339-3097
jdavis@heraldnet.com

Site address:
1800 41st Street, S-300,
Everett, WA 98203

Mailing address:
P.O. Box 930
Everett, WA 98206

HBJ RSS feeds

Gauging the effects of health care reform

SHARE: facebook Twitter icon Linkedin icon Google+ icon Email icon |  PRINTER-FRIENDLY  |  COMMENTS
By Reid Kanaley
The Philadelphia Inquirer
Published:
Will the Affordable Care Act make us a nation of part-time workers? Critics of the law say yes. Supporters say no. The sluggish state of the economy and the complexity of the law make it difficult to say who's more right.
Yes it will: Access to medical benefits without having to work full time may persuade many people to choose part-time work, according to this Business Insider post by Vivian Giang, citing a paper published by the National Bureau of Economic Research. "Moving from full-time employment to part-time employment will trigger generous assistance with health premiums and out-of-pocket expenses that can offset much of the income lost due to reduced work hours," says the paper by University of Chicago economist Casey Mulligan. tinyurl.com/MorePartTime
No it won't: "Is Obamacare affecting full vs. part-time employment?" asks a post at the financial-news site Benzinga. Using a series of graphics to demonstrate its points, the post says, so far, that does not appear to be the case. Part-time employment, while still very high since the recession, does not appear to be spiking in response to the law. tinyurl.com/PartTimeNoEffect
It's a mixed bag: Fact-checking sites have sought to determine if workers will be hurt in high-profile moves by companies such as Trader Joe's and Home Depot to send part-time workers to the health exchanges set up under the Affordable Care Act. This one, at CNN.com, says the result is a mixed bag for the tens of thousands of workers affected. tinyurl.com/PartTimeFactCheck
Wait and see: "Some businesses have already begun downsizing their staffs or cutting hours, making full-time employees part-timers, often in an effort to reduce the costs of insuring them," says this HuffingtonPost.com article on "valid concerns" over the Affordable Care Act. But the "overall damage" to employment and hiring could be overstated and only time will make it clear, the article says. tinyurl.com/9Concerns

MORE HBJ HEADLINES

CALENDAR

Share your comments: Log in using your HeraldNet account or your Facebook, Twitter or Disqus profile. Comments that violate the rules are subject to removal. Please see our terms of use. Please note that you must verify your email address for your comments to appear.

You are logged in using your HeraldNet ID. Click here to update your profile. | Log out.

Our new comment system is not supported in IE 7. Please upgrade your browser here.

comments powered by Disqus

Market roundup