PPACA may create a Part Time Workforce

An interesting story appeared on the web today, revealing another unlikable possibility of what may happen if ObamaCare is upheld.

As we are beginning to see the financial ramifications of this legislation, particularly in the form of rising Healthcare costs and insurance premiums (which are predicted to increase 150% over the next few years), more employers are contemplating dealing with this by making part time employment the mainstay of their workforce.

Now being discussed as a rational business decision, larger employers will cut loose much of their full time workforce, and off part time positions.

This will put the burden of health insurance (and the associated care costs) on individuals, states and federal governments.

As stated in the article, this entire bill is a good example of good intentions and bad implementation.

This story addresses one other aspect of the benefits business, the need for plans that wrap the expected standard exchange high deductible benefit designs.

AmWINS is one of the largest administrators of limited medical plans, with benefit schedule that can easily be tooled to provide up front coverage to what many believe will be an ever increasing deductible on these plans.

To learn ore or to discuss an existing opportunity, please contact me directly at marc.gilday@amwins.com

Read the story at:
http://www.foxnews.com/opinion/2012/04/17/nation-part-time-employees/