- Sep 14, 2007
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http://www.forbes.com/sites/theapot...s-cause-nightmare-scenarios/?partner=yahootix
/popcorn
Last Thursday, representatives of three of the nations largest unions fired off a letter to Harry Reid and Nancy Pelosi, warning that Obamacare would shatter not only our hard-earned health benefits, but destroy the foundation of the 40 hour work week that is the backbone of the American middle class.
The union leaders are concerned that Obamacares employer mandate incentivizes smaller companies to shift their workers to part-time status, because employers are not required to provide health coverage to part-time workers. We have a problem, they write, and you need to fix it.
The unintended consequences of the ACA are severe, they continue. Perverse incentives are causing nightmare scenarios. First, the law creates an incentive for employers to keep employees work hours below 30 hours a week. Numerous employers have begun to cut workers hours to avoid this obligation, and many of them are doing so openly. The impact is two-fold: fewer hours means less pay while also losing our current health benefits.
/popcorn