Wednesday, November 16, 2016

Everything Costs Something To Someone

Earlier this year, the National Bureau of Economic Research found that the No Slacker Left Behind provision resulted in wage reductions of about $1,200 a year for workers with employer-based insurance coverage -- whether or not they had adult children on their plans. In effect, childless working people are subsidizing workers with adult children who would rather stay on their parents than get their own.
http://www.realclearpolitics.com/articles/2016/11/16/the_slacker_mandate_and_the_safety_pin_generation_132360.html

And, even the benefits are overestimated ...

The Obama White House will brag that the slacker mandate has resulted in increased coverage for an estimated 3 million people. As usual with Obamacare numbers, it's Common Core, book-cooked math. Health care analyst Avik Roy took a closer look and found that the inflated figure came from counting "(1) young adults on Medicaid and other government programs, for whom the under-26 mandate doesn't apply; and (2) people who gained coverage due to the quasi-recovery from the Great Recession."

No comments:

Post a Comment