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There are 1,000 fewer jobs in western Michigan as a result of Obamacare, according to a report from Grand Valley State University. The report also affirms that companies are cutting hours for workers to avoid increases in healthcare expenditures.
Professor Leslie Muller, one of the Professors who conducted the study contends that it is difficult to predict if the state will continue to see job loss. She opines that because we are only a few months into the implementation of the Affordable Care Act (ACA), outcomes are still uncertain. However, she states, up until now, “We’re talking about a thousand jobs in west Michigan that would have been here absent the ACA.”
Less hours = Less income. Cancelled insurance = Big cost to workers.
Bigger burdens on employers = Less wages to workers.
And the employer gets to pocket what they used to pay out forcing the employee to purchase insurance at the companies inflated prices.
buster2010
And the employer gets to pocket what they used to pay out forcing the employee to purchase insurance at the companies inflated prices.