Side Effects and Complications

Side Effects and Complications

4.11 - 1251 ratings - Source



The Affordable Care Act will have a dangerous effect on the American economy. That may sound like a political stance, but ita€™s a conclusion directly borne out by economic forecasts. In Side Effects and Complications, preeminent labor economist Casey B. Mulligan brings to light the dire economic realities that have been lost in the ideological debate over the ACA, and he offers an eye-opening, accessible look at the price American citizens will pay because of it. Looking specifically at the labor market, Mulligan reveals how the costs of health care under the ACA actually create implicit taxes on individuals, and how increased costs to employers will be passed on to their employees. Mulligan shows how, as a result, millions of workers will find themselves in a situation in which full-time work, adjusted for the expense of health care, will actually pay less than part-time work or even not working at all. Analyzing the incentivesa€”or lack thereofa€”for people to earn more by working more, Mulligan offers projections on how many hours people will work and how productively they will work, as well as how much they will spend in general. Using the powerful tools of economics, he then illustrates the detrimental consequences on overall employment in the near future. Drawing on extensive knowledge of the labor market and the economic theories at its foundation, Side Effects and Complications offers a crucial wake-up call about the risks the ACA poses for the economy. Plainly laying out the true costs of the ACA, Mulligana€™s grounded and thorough predictions are something that workers and policy makers cannot afford to ignore.Specifically, in every year after 2014, the annualized employer penalty per fulltime employee must exceed $2, 000 by a ... by which the average per capita premium for health insurance coverage in the United States for the preceding calendar ... Early data confirmed this prediction: the ehealth.com price index was about 40 percent greater during the first quarter of 2014 than it was for calendar year 2013.


Title:Side Effects and Complications
Author: Casey B. Mulligan
Publisher:University of Chicago Press - 2015-10-20
ISBN-13:

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.


Click button below to register and download Ebook
Privacy Policy | Contact | DMCA