Harvard Economist Estimates Health Repeal Would Destroy Up To 400,000 Jobs Per Year Over Decade
Just as House Republicans gear up to repeal the “job killing” Affordable Care Act, the Department of Labor is reporting that the U.S. economy added 103,000 jobs last month, pushing the jobless rate down to a 19-month low of 9.4 percent.
In fact, since President Obama signed health reform into law on March 23, 2010, the economy has created approximately a total of 1.1 million new jobs in the private sector. One-fifth of the new jobs — over 200,000 — have been in the health care industry. Nevertheless, Republicans have spent the week decrying health reform as “job killing” legislation. Watch a compilation
http://thinkprogress.org/2011/01/07/hcr-repeal-costs-jobs/http://www.msnbc.msn.com/id/3036677/ns/msnbc_tv-countdown_with_keith_olbermann/#40972832 Health Care Insurance sales Jump with Tax Cuts
Small Business Health Care Tax Credit
This new credit helps small businesses and small tax-exempt organizations afford the cost of covering their employees and is specifically targeted for those with low- and moderate-income workers. The credit is designed to encourage small employers to offer health insurance coverage for the first time or maintain coverage they already have. In general, the credit is available to small employers that pay at least half the cost of single coverage for their employees. Learn more by browsing our page on the Small Business Health Care Tax Credit for Small Employers.
http://www.irs.gov/newsroom/article/0,,id=220809,00.htmlMore Small Businesses Offering Health Care To Employees Thanks To Obamacare
The first statistics are coming in and, to the surprise of a great many, Obamacare might just be working to bring health care to working Americans precisely as promised.
The major health insurance companies around the country are reporting a significant increase in small businesses offering health care benefits to their employees.
Why?
Because the tax cut created in the new health care reform law providing small businesses with an incentive to give health benefits to employees is working.
http://blogs.forbes.com/rickungar/2011/01/06/more-small-businesses-offering-health-care-to-employees-thanks-to-obamacare/