Thursday, August 22, 2013

ObamaCare Is Planting The Seeds Of Uncertainty For The Farm Sector

ObamaCare Is Creating Uncertainty For California’s Agricultural Community. “Farm labor contractors across California, the nation’s biggest agricultural engine, are increasingly nervous about a provision of the Affordable Care Act that will require hundreds of thousands of field workers to be covered by health insurance.” (Sarah Varney, “Tacking Health Care Costs Onto California Farm Produce,” The New York Times, 8/21/13)
  • Agricultural Businesses, Which Operate On Small Profit Margins, “Are Already Preparing For The Potential Cost” Of ObamaCare. “While the requirement was recently delayed until 2015, the contractors, who provide farmers with armies of field workers, say they are already preparing for the potential cost the law will add to their business, which typically operates on a slender profit margin.” (Sarah Varney, “Tacking Health Care Costs Onto California Farm Produce,” The New York Times, 8/21/13)
To Be Successful, Employers Burdened By ObamaCare Are Laying Off Employees And Some Are Shifting Full-Time Workers To Part-Time. “Across the country, employers in many other kinds of businesses are devising strategies to comply with or, in some cases, sidestep a new requirement to provide insurance for those who work 30 hours or more. Some are breaking their businesses into smaller companies, for instance, or even laying off workers. Some companies plan to shift workers to part-time status.” (Sarah Varney, “Tacking Health Care Costs Onto California Farm Produce,” The New York Times, 8/21/13)

A Reuters Analysis Found That Businesses Are Cutting Back Worker Hours And Choosing Not To Expand Their Business Past 50 Employees. “Some businesses are holding their headcount below 50 and others are cutting back the work week to under 30 hours to avoid providing health insurance for employees, according to the staffing and payroll executives.” (Lucia Mutikani, “Analysis: ObamaCare, Tepid U.S. Growth Fuel Part-Time Hiring,” Reuters, 8/21/13)   More  PTG

No comments:

Post a Comment