Council of Economic Advisers Chairman Jason Furman. (AP Photo/Manuel Balce Ceneta)

(Bloomberg) — Obamacare is a boon to the economy, President Barack Obama’s top economic adviser said in a speech aimed at changing the tone of debate over the Patient Protection and Affordable Care Act’s effects, though he offered little direct evidence.

By expanding insurance coverage, providing subsidies for premiums and helping slow the growth of health care costs, the president’s signature legislative achievement has put money in Americans’ pockets, Jason Furman said Thursday. Liberals should make an aggressive argument for the law’s economic benefits, said Furman, the chairman of Obama’s Council of Economic Advisers, speaking at the Center for American Progress.

 

BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.