Obamacare Layoffs Begin In Health Care Services; Insurers, Hospitals Set To Profit

“It looks like Obamacare is having some negative effects on the industry it was intended to help.  Dr. Nick Turkal, CEO of Wisconsin-based non-profit health care provider Aurora Health Care, announced job cuts due to Obamacare.  Orlando Health, a Florida network of community and specialty hospitals, said it would be laying off 400 employees due to new Obamacare costs. Likewise, small medical device company ADM Tronics says Obamacare will mean the company will have to lay off employees for the first time in over a decade.  Hospitals and insurance companies alike are expected to receive a large influx in payments due to the new health law.”

http://www.huffingtonpost.com/2013/01/26/aurora-health-care-obamacare_n_2559120.html

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