Obamacare May Actually Leave More Americans Without Insurance

Government regulation often has negative consequences. Obamacare is a job killer and may actually leave more people uninsured than before the law was passed.

FOX News reported:

“Even the Obama administration is admitting by granting these waivers that they better make some exceptions or they’re going to have the unintended consequence of having more uninsured, not less,” according to Jim Capretta of the Ethics and Public Policy Center, a former official in the White House Office of Management and Budget from 2001 to 2004.

John Goodman of the National Center for Policy Analysis says “What’s happening is the federal government is trying to force workers to have a health insurance plan that’s more expensive than they or their employers can afford.”

The law now forces all plans to offer at least 750,000 dollars in annual benefits, but the administration has already granted waivers to McDonald’s and other low wage firms.

Goodman and others fear employers will just drop insurance altogether and pay the penalties, or hire fewer people.

“The cheapest thing for an employer not to do is not to hire people,” Goodman says, “to hire only temporary workers.