Tuesday, January 10, 2017

An Obamacare Repeal Could Affect Your Workday — and Your Retirement

As a potential repeal of the Affordable Care Act looms with no clear replacement, many experts are already painting a dire portrait of what that may mean for Americans: One million lost jobs, longer workdays, and delayed retirement.

Job Losses

The repeal could result in an estimated 1 million jobs lost in the healthcare industries, according to a computer model from George Washington University and the Commonwealth Fund that simulated what would happen if just the tax credits and Medicare expansions were rolled back.

Already, the Advisory Board Company, a large D.C.-based health care consultancy, has announced restructuring and 220 layoffs. 

Click here for the full article.

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