Feb. 16 (Bloomberg) — There were several reports this month about the Affordable Care Act, most of them positive: Participation is up; the so-called risk corridors, which critics call a giveaway to insurance companies, will make the government money; and the law will increase labor demand.
But more attention has been lavished on the negative: Over a decade, the equivalent of 2.5 million workers will drop out of the labor force because there are alternative health-insurance options, and the employment mandate was postponed again.
Separately, the drumbeat continued around Chris Christie. The Republican governor of New Jersey held a marathon news conference more than five weeks ago as he fired top aides whom he blamed for causing huge traffic disruptions on the George Washington Bridge last autumn. Christie insisted he knew nothing about the closures, which allegedly were political retaliation against Democrats.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.