https://www.nationaleconomicseditorial.com/2017/09/20/how-obamacare-kills-jobs/
Whatever your personal opinion on universal healthcare in theory, we should all be able to agree that Obama’s Affordable Care Act was
a poorly-crafted piece of legislation. Furthermore, it has failed to
live up to its stated purpose of making health insurance affordable for
even the poorest Americans.
For example, we have observed premiums for Obamacare plans double over the last four years in Maryland, with double-digit increases expected
for most other states. Not only do such increases defeat the Act’s
purpose, but they also have a negative impact on America’s economy.
Data from the Kaiser Family Foundation, and published published in the Wall Street Journal shows
that rising insurance premiums are a major disincentive for small
businesses to hire new employees, and are costing many workers their
benefits (and private coverage).
According to the report, the average annual cost of employer health
coverage for a family plan was nearly $19,000—equivalent to the cost of a
new vehicle every year.
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