Walmart is the poster child of Obamacare’s perverse consequences. Early in October, the giant retailer announced it was dropping health benefits for workers who put in fewer than 30 hours per week—the definition of part-time employment, according to Obamacare. Walmart’s decision will affect about 26,000 American workers.
One major criticism of U.S. health care is that we spend more money on health care than any other country. If health spending consumes resources that are needed elsewhere, this could be a problem. The U.S. now spends about 17 percent of its Gross Domestic Product (GDP) […]
Maybe three million people have signed up for Obamacare. That’s less than half the seven million that the administration expected by the end of open enrollment in March. There are several reasons for this shortfall: Many consumers (especially the young) find the coverage too expensive, many have […]
Affordable Care Act regulations have forced health insurers to cancel the policies of an estimated five million Americans. The final number of people who receive cancellation notices could reach seven to 12 million.
These victims of Obamacare are being forced into the new health-insurance exchanges. But the […]