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Title: Obamacare Is Not Cutting Workers Hourse Post by: Howey on September 06, 2013, 07:12:37 pm Another right wing myth destroyed. duh. http://www.huffingtonpost.com/2013/09/06/obamacare-worker-hours_n_3882403.html Quote Beginning in 2015, Obamacare will require companies that have 50 or more employees to provide health coverage for all full-time workers, or pay a fine. Critics of the law have said that it may cause employers to drop benefits, discourage businesses from hiring full-time workers and force some employers to cut full-time workers to part-time. The White House data released Friday is the most recent evidence that many of these concerns were overblown. In May, a poll conducted by the International Foundation of Employee Benefit Plans, an organization of human-resources professionals, showed that despite concerns about rising health-care costs, more than two-thirds of companies definitely plan to offer health benefits to full-time employees. The same poll found that only 0.5 percent of companies said they would definitely discontinue health benefits. Many restaurant chains such as Wendy's, which initially predicted Obamacare would cause a spike in operating costs, have since cut back their estimates of what the health-care law would cost, according to the Wall Street Journal. Last year, Darden Restaurants, which owns restaurant chains including Olive Garden and Red Lobster, said it was going to make more workers part-time in an effort to skirt the law, but later backtracked on that plan due to public backlash. |