Obamacare may push people out of the workforce
February 4th, 2014
02:21 PM ET
11 months ago

Obamacare may push people out of the workforce

New York (CNNMoney) - Many workers may opt to work less to retain their eligibility for Medicaid or federal subsidies under Obamacare, a new report has found.

The Affordable Care Act could reduce the labor force by the equivalent of 2.5 million workers in 2024, according to the non-partisan Congressional Budget Office's annual outlook.

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Filed under: Economy • Obamacare
soundoff (54 Responses)
  1. uncommon sense

    Um, I carry insurance on my family, and my premiums went up a small amount, 80 a month. Now this insurance actually pays for something, before I have over 20,000 into it. This is meant to keep your panties on a bunch, that's what you want, that's what you get!

    February 4, 2014 03:23 pm at 3:23 pm |
  2. ironman666

    well daaaaaaaa every one been saying that ever since this moron strated this obummercare but you libe said this the greast thing and demcraps this good for every one thank you for nothing

    February 4, 2014 03:23 pm at 3:23 pm |
  3. Fair is Fair

    Spin it any way you want, Sniffit... it's just another one of those pesky "unintended consequences". Or maybe it's "anecdotal". Whatever... the ends always justify the means in your world.

    February 4, 2014 03:26 pm at 3:26 pm |
  4. Wake up People!

    Another misleading headline.

    February 4, 2014 03:26 pm at 3:26 pm |
  5. Really?

    Everyone who read the ACA knew this was going to happen back in 2010. this is old news and those who voted for Obama should not be surprised since this is what they voted for.
    You mean it's not FREE??????

    February 4, 2014 03:30 pm at 3:30 pm |
  6. uncommon sense

    I didn't lose my doctor, and you can have my insurance, you probably didn't either. Just hate, and don't ask questions, just vote for the party who thinks funneling more money to the top 1% will make your life better. 95% of wealth went to the top 1%, how's that working for you. Because lord knows if we can't make their life better, how could we possibly expect ours too, just keep drinking the koolaid and tell yourself the nice rich men will save you one day, as soon ad they get enough money.

    February 4, 2014 03:31 pm at 3:31 pm |
  7. Sniffit

    "Does this REALLY surprise anyone?"

    What, that GOPers/Teatrolls and their MSM tool are blatantly and dishonestly mischaracterizing the CBO report's findings in order to drum up a total nontroversy and misinform the public. No...nobody at all should be surprised.

    February 4, 2014 03:33 pm at 3:33 pm |
  8. freedom

    @Jeff

    Your insults don't change the fact that there are people with major health issues losing their insurance and doctors at this very moment, due to Obamacare – in addition to losing their jobs.

    February 4, 2014 03:35 pm at 3:35 pm |
  9. uncommon sense

    Expert economists know the inequality is at a dangerous level, and the rich have their foot to the floor. Do you not hear yourselves, we need more money at the top, really? That's the gop whole plan, vote yourself into poverty, your a genius!

    February 4, 2014 03:35 pm at 3:35 pm |
  10. Sniffit

    "Everyone who read the ACA knew this was going to happen back in 2010."

    See what you've done CNN? This is the result of your deliberate, intentional, dishonest headline and spin to this story, because this says nothing short of positive things about the ACA, does not in any way indicate it is "pushing" people out of the workforce, is not causing a loss of jobs and you only used that mischaracterization in the headline in order to stir up more baseless controversy by encouraging people to misunderstand the CBO report and continue to be misinformed. Misinformation is the core of your controversy paradigm...proof positive that you have abandoned all "journalism" is supposed to mean.

    February 4, 2014 03:36 pm at 3:36 pm |
  11. Cindy

    ACA will just drive more people into bankruptcy, no health insurance and into poverty. Medicaid is not free, if you have assets or obtain future assets the states will want reimbursed. The states will have to try to collect from someone or go bankrupt themselves. So it's them or your taxes going up, which will drive more people into poverty. Same is true for the ACA either premiums go up or your taxes to fund it. We need change but this was never the answer.

    February 4, 2014 03:37 pm at 3:37 pm |
  12. Sniffit

    "Your insults don't change the fact that there are people with major health issues losing their insurance and doctors at this very moment"

    You mean like the woman in McMorris Rogers' response to the SOTU, who it was afterwards discovered had deliberately caused herself to pay more for her replacement insurance than she needed to? Whose situation McMorris Rogers blatantly inflated, mischaracterized and was called out for doing so but Faux and CNN ignored it completely to protect the GOP/Teatrolls?

    February 4, 2014 03:39 pm at 3:39 pm |
  13. freedom

    @Rusty

    Fox News has nothing to do with Obama's ill-conceived, destructive policies. Again, democrats don't want to be held accountable for anything. Blaming Fox News? Ridiculous and immature.

    February 4, 2014 03:39 pm at 3:39 pm |
  14. Anonymous

    its not as if 75% of the public didn't see this coming. its like lighting yourself on fire and being surprised by the burning feeling.

    February 4, 2014 03:39 pm at 3:39 pm |
  15. Rudy NYC

    Fair is Fair

    Spin it any way you want, Sniffit... it's just another one of those pesky "unintended consequences". Or maybe it's "anecdotal". Whatever... the ends always justify the means in your world.
    ------------------------
    There is a very simple cure to the potential problem. What is the driving force behind the shift? Low and stagnant wages. Isn't it funny how everything keeps coming back to that one issue?

    February 4, 2014 03:42 pm at 3:42 pm |
  16. Reality

    Thomas
    Why can't we have Healthcare like Germany or Taiwan , Sweden , Holland ,
    -–

    Because we have far too many people and far far too many people that don't contribute anything to covering the costs of that grand scheme. And Americans don't want the government taking over the entire healthcare industry and the hospitals. They can't buld a web site in 3 years after spending hundreds of millions. Any sane person would not truth their healthcare to idiots and politicians. Excuse the redundancy.

    February 4, 2014 03:44 pm at 3:44 pm |
  17. uncommon sense

    People with major health issues losing their jobs, proof boy? Didn't think so moron, lord knows these very same people had great insurance, never denied, oh yea, and next to free, now, millions of dollars a month, Gawd your an idiot.

    February 4, 2014 03:45 pm at 3:45 pm |
  18. Sniffit

    "Spin it any way you want, Sniffit... it's just another one of those pesky "unintended consequences". Or maybe it's "anecdotal".

    No it's not. The CBO report is quite literally and explicitly saying that because people will be able to retire on time, reduce their hours to cope with age-related health issues when close to retirement, work one job instead of two, they will leave the workforce or reduce their participation in it. CBO itself uses the word "CHOOSE" when referring to what this change means...the amount of labor the labor force "CHOOSES" to supply. This is an increase in CHOICE, i.e., freedom, liberty, the ability to engage in financial and retirement planning, etc., that CBO is referring to. It's not "anecdotal." It's their prediction and they get to say what they are predicting and why. This has absolutely nothing to do with people being "pushed" or "forced" out of the work force. This wasn't "unintended conseequences"...it was predicted long ago and part of what was intended. It is a good thing...people working at age 72 because they can't afford to retire are taking up a job a young person could have...people working two jobs because their low wages don't provide enough for health insurance are taking up a job another person could have. THAT is what we're talking about here. Just because the MSM/CNN has decided to be complicit in your lying doesn't make your lies the truth. READ THE FREEKIN REPORT...and read past CNN's headline...even the article doesn't support that headline's use of the word "push."

    February 4, 2014 03:46 pm at 3:46 pm |
  19. uncommon sense

    Again: just because your ignorant enough to believe what they tell you, doesn't mean we all are, just drink up genius.

    February 4, 2014 03:47 pm at 3:47 pm |
  20. Tampa Tim

    freedom – where do you get this stuff?

    February 4, 2014 03:48 pm at 3:48 pm |
  21. Bill from GA

    "The Affordable Care Act could reduce the labor force by the equivalent of 2.5 million workers in 2024."

    Works out to 250,000jobs lost per year. Assuming the figures are accurate, how does that compare to the 750,000 jobs lost the last MONTH we had a republican president?

    But, really, with 6 to 8 workers available, and looking, for each job offered, will those jobs remain unfilled?

    February 4, 2014 03:49 pm at 3:49 pm |
  22. Sniffit

    "Losing Jobs" claim just got 3 pinnochios on WaPo. care to rephrase and unspin your article yet, CNN?

    February 4, 2014 03:50 pm at 3:50 pm |
  23. uncommon sense

    Can't wait to get my push out of more work, I mean retire on time, you can see how easy it is to confuse. The people who buy into this are looking for a reason to hate, and place blame, my grandma had a saying about that.

    February 4, 2014 03:51 pm at 3:51 pm |
  24. Wake up People!

    And people still refer to this as a liberal news site or Obama News Network. If that were the case, maybe the headline wouldn't be misleading.

    This is the nuFox.

    February 4, 2014 03:51 pm at 3:51 pm |
  25. CryBabies

    CBO is non-partisan. Does not make any difference! Its clear to see, (from reading the lefty blogs on this story), that the message does not fit their ideology. Whats new?! Here's whats not new....Bad Law...crafted very poorly ( by Democrats)...rolled out with what looked to be a 1st graders attempt at website development. Sure, lets Hope that we see a Change in how this turns out.

    February 4, 2014 03:53 pm at 3:53 pm |
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