<p>“The news coverage is terrible.”</p>
<p>I don’t think it is, but I read the NYT daily.</p>
<p>:)…</p>
<p>Emilybee, you are in NY, right? </p>
<p>The exchange rates are known. Right?</p>
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<p>My D (in the 21-26 age group), referred to the new requirement as “the slacker law.” </p>
<p>I read an article (I will try to find), that predicts a net loss of 900,000 jobs due to the ACA, and not because of the full-time/part-time issue. Supposedly there is a cohort of low-income people who work only for their health care coverage. If they can get it for free or super cheap on the exchanges, they will leave their employment and cause a worker shortage for some employers. If this happens, hopefully the gap will be filled by the currently unemployed.</p>
<p>Here is an article that talks about the study I mentioned: [Could</a> Obamacare Cause Employees to Quit? | BusinessNewsDaily.com](<a href=“http://www.businessnewsdaily.com/4779-healthcare-reform-improve-job-market.html]Could”>http://www.businessnewsdaily.com/4779-healthcare-reform-improve-job-market.html)</p>
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<p>Bay, As an outcome of the ACA, the CBO expects some people to quit their jobs in order to retire early. These are people who are getting insurance through their employers but are too young to receive Medicare.</p>
<p>If that happens, jobs will open for younger workers, and that’s a good thing.</p>
<p>The ACA also makes it easier for people who are getting insurance through a job to decide to go out on their own, to start a business. It supports entrepreneurs.</p>
<p>“Job lock” strongly affected people with pre-existing conditions, who could not be sure they would be able to get insurance once they gave it up. Starting 2014 this won’t be an issue.</p>
<p>Hey it could cause divorces too. Spouses will not be stuck staying married for the health care coverage.</p>
<p>There are probably also many middle income people who work only for their health care coverage --for example, a parent of child with special medical needs who has to keep working at a full time job in order to keep the employer-provided insurance, even though that parent might be able to better care for the sick child with a part-time or flex time position that doesn’t come with health coverage. Or perhaps one of the parents makes enough to support the family but for the health care issue, and the other is working job he or she doesn’t like but sticks with because of the health care. </p>
<p>The ACA will also give people a lot more freedom to opt for self-employment or starting their own businesses. I think it’s a big boost for small businesses – the ones that are too small to be required to provide health care. It will make them more competitive when it comes to hiring.</p>
<p>Whether it is good or bad for the economy that 900,000 more people are living on government assistance and not working is the issue for me. It is something to keep tabs on.</p>
<p>Living on govt assistance or getting their insurance through a new govt plan?</p>
<p>This seems to be a slightly expanded version of Bay’s link.
<a href=“http://www.mailman.columbia.edu/news/affordable-care-act-could-cause-people-leave-their-jobs[/url]”>http://www.mailman.columbia.edu/news/affordable-care-act-could-cause-people-leave-their-jobs</a></p>
<p>Bay, did you actually read your link?</p>
<p>Looks like ACA is a positive.</p>
<p>"The authors refer to this as “employment lock,” the idea that people must keep working so they can keep their health insurance. They believe this occurs because the individual market for health insurance is so expensive for single people to obtain coverage that they opt to find a job instead.</p>
<p>“The fact that people are working solely to get health insurance signals a failure of the private health insurance market,” said the University of Chicago’s Matthew Notowidigdo.</p>
<p>With Medicaid rapidly expanding later this year under the Affordable Care Act, the researchers foresee that what occurred in Tennessee could happen in reverse: the option of public health insurance may lead some Americans to retire or to leave their jobs.</p>
<p>They don’t believe this makes the Affordable Care Act a “job killer,” as some have suggested. Instead, they say it provides an alternative way to procure health insurance that doesn’t require people to work for the benefit."</p>
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<p>make no mistake about it, the ACA is in no way good for small business. Lot of wishful thinking going on in this thread now.</p>
<p>Wait, do I have to be included in my parents’ plan? Because currently my health insurance is subsidized by Princeton and so it would be cheaper if I kept it this way. I would be very angry if the law required that I enroll along with my parents.</p>
<p>"Emilybee, you are in NY, right?</p>
<p>The exchange rates are known. Right?"</p>
<p>Yes, but I wasn’t referring to that in my post - I was referring more to how ACA will work in general terms. </p>
<p>“Whether it is good or bad for the economy that 900,000 more people are living on government assistance and not working is the issue for me. It is something to keep tabs on.”</p>
<p>Why are you assuming these people will go on public assistance? I know lots of people who work just to get the health care. My friend whose H is a lawyer with his own practice, for instance. She sits in the lobby of our middle school checking people who come in the building. She makes hardly any money but get health insurance for her whole family.</p>
<p>“Wait, do I have to be included in my parents’ plan? Because currently my health insurance is subsidized by Princeton and so it would be cheaper if I kept it this way. I would be very angry if the law required that I enroll along with my parents.”</p>
<p>No, you do not have to be on your parents insurance.</p>
<p>dstark,</p>
<p>I don’t see this as necessarily positive.</p>
<p>If you give your D everything she needs so she doesn’t “have” to work, is that a good thing or a bad thing?</p>
<p>dstark, the second link is from the source, worth seeing the bits of addl iinfo.</p>
<p>Geeps, we know you don’t like it- but am not fully sure what you base that on, since the full picture is not out. </p>
<p>Tiger, your family will figure what works best for you all. Yes, your net is lower with 2 adults and one under 21 or with 3 adults.</p>
<p>Bay, read the Columbia link; the difference is in some small rounding details the media guy left out or minimized.</p>
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<p>My cousin does something similar. Her H has his own business and doesn’t want to buy insurance, so she works part time solely to get the health care coverage. If she quits, her employer is going to have to find someone else to fill her position, or make less money because he cannot provide the level of service he was providing.</p>
<p>“If she quits, her employer is going to have to find someone else to fill her position, or make less money because he cannot provide the level of service he was providing.”</p>
<p>Is there something that would stop the employer from hiring someone else - maybe someone who actually needs a job for the income? And why would that be a bad thing for the employer? I cannot imagine he will have a hard time finding a replacement - unless he is a cheapo and doesn’t want to pay a living wage, in which case I have no sympathy for him.</p>
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<p>Lf,</p>
<p>Can you explain? I’m not seeing what you are referring to.</p>
<p>Know what? Nobody is talking about giving people “everything so [they don’t] have to work.”</p>