Obamacare Not Hurting U.S. Companies

“The biggest entitlement legislation in a generation is causing barely a ripple in corporate America,” Bloomberg reports.

A review of conference-call transcripts and interviews finds the Affordable Care Act “is putting such a small dent in the profits of U.S. companies” that many refer to its impact as “not material” or “not significant.”

“That’s even after a provision went into effect this year requiring companies with 50 or more full-time workers to provide coverage, and after more workers are choosing to enroll in existing company coverage because of another requirement that all Americans get insured.”

Wonk Wire: A GOP flip flop on Obamacare