Two new surveys highlight the continued headwinds the President and Washington Democrats face regarding their healthcare law. CNBC reports this morning that a survey conducted by Bankrate found that “7 in 10 people say Obamacare had bad or zero impact on US,” with vast majority of those (43%) responding that the law “has had a primarily negative effect on the United States.” Additionally, 23% of those with employer based coverage stated, “…they are more likely to retire early or otherwise leave their jobs because of aspects of Obamacare that dilute the advantage of job-linked coverage.”
CNBC also notes that Bankrate’s findings come weeks after the President celebrated the law and declared the debate over the law over:
“The public’s generally negative or neutral view the ACA’s impact as measured by the survey comes weeks after the White House proudly announced that more than 8 million people had enrolled in Obamacareindividual insurance plans sold on the government-run health exchanges. That was 1 million above original projections made for the plans, which take effect for the first time this year.”
With 70% of Americans stating that the law has either had a net negative impact or no effect at all – I guess the debate is over: Americans disagree with the President and his Democratic allies.
It’s not difficult to understand why. The law is raising costs, reducing paychecks and costing jobs. USA Today reports on the annual Aflac WorkForces Report, which found almost 60% of US companies have already or will over the next year, “increase employees’ share of health care premiums or co-payments for doctors’ visits.”
What’s worse for employers is that businesses are being forced to cut costs (i.e. salaries) because of the law. Companies are instituting new plans, including major medical plans with high deductibles reaching over $1,000. Aflac’s VP for Human Resources Matthew Owenby told USA Today, “Many employees are in a ‘fragile financial situation’ and couldn’t afford the out-of-pocket expenses of many medical situations.”
It’s not just the quality of employee care that is under attack by the President’s healthcare law, but also paychecks and jobs. The survey found that cost cutting measures being employed by employers range from reducing employees benefits and pay to eliminating jobs:
“The need to control costs is driving many companies’ decisions on benefits, Owenby says. The report shows that almost half of employers (49%) agree that controlling costs is the primary objective, and took steps to contain costs, including:
- 39% hired independent contractors or consultants.
- 32% eliminated or delayed raises.
- 22% eliminated or cut back on benefits.
- 21% changed some full-time workers to part-time workers.”
These reports directly undercut the President’s April 1st claims that, “…the growth of health care costs is down. And that’s good for our middle class, and that’s good for our fiscal future.”