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Sunday, January 10, 2016

"... many opponents of the law argued that it would change the way Americans worked for the worse. ... this doom-and-gloom scenario has not come to pass."

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COMMENTS: 
*  You can't fix stupid. Republicans have it in spades.
*  The GOP does not deal in facts but FEAR controls their party
*  I find it very odd that NONE of my relatives (many who are republicans and conservatives) and none of my friends (two are staunch republicans and one a staunch conservative) and none of my acquaintances have ever complained about their healthcare being bad because of Obamacare. Yet I read these horror stories about coverage and costs on these posts. Are they real?
*  none of the lies the redumblicans have claimed about the ACA have materialized. the main reason hospital costs have gotten so high is because for years redumblicans, illegals and other deadbeats have used the ER like a doctors office and then skip out on the bill, leaving the rest of us who have always paid for isurance, to absorb the cost. i don't want to hear any more whining from redumblican deadbeats about ACA and being required to pay for insurance. the time is way past due for you clowns to pay your share.
*  The irony of this whole thing is that the term "Obamacare' was meant to be derogatory, but now it will forever link Barack Hussein Obama's name to one of the most important pieces of legislation that the USA has ever passed. Nothing is perfect, and the Republicans had a chance to make the Affordable Care Act (ACA) better, in the interest of the American people, but they chose to thwart it at all costs. Forgotten is the fact that the ACA was the brain-child of the Heritage Foundation, a conservative think-tank, as was the personal responsibility factor, that made it mandatory for everyone to buy medical insurance. When Mitt Romney implemented it in Massachusetts, it was hailed as a great achievement. It was just that the whole thing was implemented by a Democrat (a colored one to boot!) that made the it unacceptable to many.
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A new study suggests the biggest worry about Obamacare never materialized
By Bob Bryan, January 10, 2016

Around the time of the passing of the Affordable Care Act, known as Obamacare, many opponents of the law argued that it would change the way Americans worked for the worse.

A new study suggests, however, that this doom-and-gloom scenario has not come to pass.

Robert Kaestner, Anuj Gangopadhyaya, and Caitlyn Fleming from the University of Illinois and Bowen Garrett of the Health Policy Center examined the effects on the labor market of a Medicaid expansion that was introduced as part of the ACA.

According to the study, there was fear that to qualify for Medicaid, workers may decrease work effort by cutting back hours. By reducing hours, such workers would receive wages low enough to qualify for Medicaid.

That change, the researchers said, has not materialized.

"Estimates of the effect of Medicaid on labor supply were, in general, relatively small and not statistically significant," the study said. "In fact, most estimates of the effect of the Medicaid expansions on labor supply were positive. Overall, there was very little evidence that the Medicaid expansions decreased work effort."

The researchers analyzed data from 22 states that expanded or initiated Medicaid coverage at the beginning of 2014. Additionally, they zeroed in on people with a high-school diploma or less, as they are most likely to earn around the Medicaid cutoff line.

The researchers looked at changes for three indicators: employment, number of hours worked versus the previous year, and whether the person worked 30 hours or more a week.

"To summarize, we find that the 2014 Medicaid expansions did not have substantial effects on the labor supply of low-educated persons in the US," the study said.

For instance, the researchers found that for childless adults the combined change in the three indicators that could be attributed to the Medicaid expansion was just -0.003% to 0.003%. Most of the other samples were similarly tiny.

"The bottom line is that we can rule out large negative effects of Medicaid on labor supply such as those in Garthwaite et al. and in the upper range of estimates from the Wisconsin study," the researchers said. "Moreover, most of our point estimates are positive suggesting that, if anything, Medicaid increased labor supply."

While there are certainly other concerns about the impact of the ACA on workers, the study suggests the idea that the law will "keep many beneficiaries in poverty" is simply not panning out.
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