CBO estimates that the reform of health care to reduce labor

CBO estimates that the reform of health care to reduce labor -

An estimate by the Congressional Budget Office (CBO) is giving Republicans another chance to explain why health care reform should be repealed. CBO Director Doug Elmendorf testified before the Budget Committee of the House to reiterate that the reform could cause 800,000 fewer people working in the future.

The CBO report said: "The expansion of Medicaid and the availability of subsidies through the exchanges will actually increase the financial resources of the beneficiaries. These additional resources will encourage some people to work fewer hours or to withdraw from the labor market ".

Another reason why many people are out of work because of the reform of health care is the result of requiring health insurance companies provide coverage regardless of pre-existing conditions. Older workers who do not want to work more, but are not eligible for Medicare will be guaranteed coverage at an affordable cost. It could also encourage some workers to leave the labor market earlier than they normally would.

claims in the past, Republicans have pushed the CBO but this one seems to be in their favor.

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