Tag: hospitals laying off people

Obama-Care is costing jobs at hospitals?

Obama-Care is costing jobs at hospitals?

I found this pretty interesting:

Found at Daily Job Cuts.

2010 Shaping up to be Record Year for Hospital Layoffs

Hospitals are on pace in 2010 to implement slightly more mass layoffs than the record year of 2009 and substantially more employees would be affected, according to a report by American Medical News.

Through August, the Bureau of Labor Statistics reported hospitals had 102 mass layoffs in 2010, which, at the current pace, would come to 253 such events on the end of the year, one more than the record of 152 mass layoffs in 2009. Mass layoffs are defined as those involving 50 people or more.

Also through August, 8,233 hospital employees were affected by mass layoffs, which, at the current pace, would total 12,349 employees by the end of 2010, compared with 11,757 in 2009. The 2010 estimate would be the second-highest loss since 2000. The highest was 13,282 in 2005, due mostly to hospital shutdowns from Hurricane Katrina.

After Obama-care was passed the prevailing wisdom said it will be a boon to the health care industry. Several parts of the health care plan were enacted this year. Businesses like health care or any other businesses are forward looking, they generally put a plan together based on data and attain the required resources to meet the goals of the business. So when you are about to have 20 million more on free health care insurance you will need people to meet those needs.

I’m thinking that the lines at hospitals will get very long and the quality of care we Americans are used to is about to go down hill fast.

UPDATE: The hits keep coming:

3M to dump retirees from medical coverage

Remember when Barack Obama repeatedly promised that no one’s current coverage would have to change if Congress approved the health-care overhaul he demanded?  When the ObamaCare bill passed, the Associated Press suddenly discovered that the change of tax law that would supposedly generate billions of dollars to pay for the costs of the bill would also drive companies to dump retirees from their existing drug coverage and push them into Medicare.  Minnesota-based 3M became one of the first large corporations to do just that — and push retirees off of all their plans as well:

3M Co., citing new federal health laws, said Monday it won’t cover retirees with its corporate health-insurance plan starting in 2013.

Instead, the company will direct retirees to Medicare-backed insurance programs, and will provide reimbursement for that coverage. It’ll also reimburse retirees who are too young for Medicare; the company didn’t provide further details.

The company made the changes known in a memo to employees Friday; news of the move was reported in The Wall Street Journal and confirmed Monday by 3M spokeswoman Jackie Berry.

The ObamaCare bill created a fund to subsidize employers who didn’t dump their retirees, but the WSJ notes that it simply wasn’t enough to change the negative incentives created by the government interventions:

Finding out what’s in the bill aint we folks? ObamaCare is anything but. There is a care, but it’s only for unions and radical liberpukes. The jobs this bill has cut/cost is astronomical. IF Obama can claim “Jobs saved” by the stimulus, I think it’s fair to claim Jobs lost due to this healthcare sham. Most companies would be hiring by now, most recessions have been over and the nation rebounding on a fast track by now. But this healthcare lie has kept employers from hiring and cause employers to cut. Good job union idiots, welfare slugs and Democrat party above country folks… Hope and change huh?