Affordable Care Act May Lead to Reduction in Full-Time Employment

President Obama's administration responds to the claim that the health care law may have adverse effects.
3:00 | 02/04/14

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Transcript for Affordable Care Act May Lead to Reduction in Full-Time Employment
A new headline about obamacare. Will it change jobs and who works in America? A big, new report says yes. But the white house is fighting back. And here's ABC's chief white house correspondent, Jonathan Karl. Reporter: Millions spent on ads. Some of them, a little goofy. Reporter: Tonight, critics are seizing on the new headline. The new law will affect 2 million workers by 2015. The bad consequences are worse than anybody anticipated. Reporter: But it's not that clear-cut. The report actually says 2 million fewer people will choose to work full-time. Their choice, not because of a lack of jobs. They're making a choice about their overall quality of life. And perhaps pursuing something, either a new entrepreneurial opportunity or a new job. And they're choosing to spend more time with their family. Reporter: How's that? Consider two examples. First, those who can now afford to work less. Before the law, some had to stay on the job to keep their insurance. Now, you can qualify for subsidized health care without a full-time job. And again, others will actually find it's just not worth it to work full-time. Why? Because under obamacare, subsidized or free health care is only available to those with low or no income. Make more money and you have to pay for more of your health care. The white house says the health care law won't cost jobs at all. They point to the example of Massachusetts, where multiple studies showed health care resulted in no significant job loss.

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