1/12/2016 – ObamaCare’s $1,200 Pay Cut

Jan 13, 2016 Comments Off by

In a working paper, Center on Longevity faculty affiliates Gopi Shah Goda and Jay Bhattacharya of Stanford, and Monica Farid of Harvard exploit the fact that some 37 states had extended dependent-coverage mandates of varying rigor and comprehensiveness before the Affordable Care Act. They explore these differences to estimate the results of the uniform national mandate that was imposed in 2010.

“We find evidence that employees who were most affected by the mandate, namely employees at large firms, saw wage reductions of approximately $1,200 per year,” the researchers observe.

Read the full article at The Wall Street Journal.

Center, Financial Security 2016, Longevity News 2016

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