Saturday, August 3, 2013

VIDEO: Sen. Collins: Obamacare's 30-Hour Rule Will Damage Businesses

Obamacare has "perverse incentives" that allow employers to cut their employees' work hours, says Maine Republican Sen. Susan Collins, who has introduced a bill to change the healthcare law's definition of full time work from 30 hours a week to 40.

Collins, in Saturday's GOP address, noted that under Obamacare, anyone working an average of 30 hours a week is considered full-time, meaning many employers may cut their hours so they won't have to provide them with insurance.

A 40-hour work week is full-time, we all know that," said Collins.

 

She noted in her address that her family founded a small business in Maine more than 160 years ago that continues to be run by two of her brothers.

"Our economy is built on millions of enterprises just like ours," she said. "It’s not easy to survive in today’s economy. But these employers remain our nation’s job creators. We should be doing all we can to promote policies to help them survive and thrive."

She also agreed that healthcare reform should provide people with access to quality and affordable care "while encouraging economic growth. That’s not what is happening under Obamacare."

Instead, Collins said, Obamacare discourages small businesses from creating jobs and hiring new workers, and "has perverse incentives for employers to reduce the number of hours that their employees can work." 

Most small businesses want to provide health insurance, said Collins, but can't afford to do so under Obamacare.

Via: Newsmax


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