Tags: Obamacare | Americans | healthcare | Temp Firms

Obamacare: Americans Wary, Temp Firms Eager

By    |   Sunday, 30 June 2013 03:09 PM

More Americans are still against Obamacare than are for it, but temp agencies love the new federal healthcare law because it means more companies will be forced to hire temporary workers instead of permanent ones.

A new Gallup poll showed 42 percent of Americans believe the Affordable Care Act will make their family’s healthcare worse in the long run, and only 22 percent said the law will make it better.

And almost half of Americans – 47 percent – said Obamacare will make the healthcare situation for the nation as a whole worse, while 34 percent said it will make healthcare better, Gallup reported.

Editor's Note: ObamaCare Secrets Revealed

Meanwhile, Time magazine reported that temporary employment staffing agencies may be a major beneficiary of Obamacare, because the law requires that companies with more than 50 full-time employees provide them all healthcare benefits or pay a penalty.

“In general [Obamacare] is viewed as something that will lead to increases in the penetration rate of temporary workers,” said Tobey Sommer, an analyst with SunTrust Robinson Humphrey.

Firms like Robert Half International are especially well positioned to profit from the law because they specialize in small and medium-size companies, the ones that may use temps
to help them stay below the 50-worker mark, Sommer told Time.

Susan Houseman, an economist at the W.E. Upjohn Institute, said temporary employment as a percentage of total employment is close to an all-time high in the United States.

Time reported that staffing firm like Robert Half and On Assignment have seen their stock prices rise sharply since President Barack Obama won a second term, as the election made it nearly certain that the implementation of the law would continue.

Other industries are also expected to benefit from the national healthcare mandate.

Pharmaceutical and certain insurance companies are among them, attracted by the prospect of tens of millions of new customers who will be required to have health insurance, Time said.

Reuters reported that Organizing for Action, a group created out of Obama's 2012 political
campaign apparatus, launched a public outreach effort recently with national TV ads on cable news stations to gain support for the new law.

Enroll America, another nonprofit group with strong ties to the Obama administration, also launched a multi-state campaign to sign up millions of uninsured Americans for health coverage in coming months, Reuters said.

According to Gallup, “Americans remain wary of the law and of what kind of impact it will have on their family's healthcare situation and the nation's overall healthcare situation. Those without health insurance – a group that most benefits from the new law – are slightly more likely to see it as having a positive effect, but even they are not ardent supporters.”

Editor's Note: ObamaCare Secrets Revealed

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More Americans are still against Obamacare than are for it, but temp agencies love the new federal healthcare law because it means more companies will be forced to hire temporary workers instead of permanent ones.
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2013-09-30
Sunday, 30 June 2013 03:09 PM
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