The warnings about ObamaCare from Big Labor and other critics may be coming true, as more evidence surfaces that President Obama’s health care overhaul is causing employers to prepare to push people into part-time work to avoid additional costs tied to the law.
The Affordable Care Act requires mid-sized and large employers to sponsor health insurance for all full-time employees, which it defines as those who work 30 hours a week or more. Big labor unions, which had been in favor of the new law, are now sounding the alarm against it. They argue the sticker shock from the premium hikes is leading businesses to offset the impact by capping hours on employees, despite a recently announced one-year delay in that insurance mandate. If workers don’t clock 30 hours a week, the reasoning goes, employers won't have to offer health insurance.
Be careful what you wish for.