Top 5 Things to Expect from Obamacare in 2014

No.5: Both small and large employers will start cutting on health benefits

Under the Affordable Care Act, the range of requirements health policies will need to comply with expand exponentially. This has lead to an increase in the cost of premiums, as numerous Americans will have to pay for features they don’t want, or in some cases, not even need. Because of higher premiums, employers have started passing on the cost to employees, a trend which will continue in 2014. Apart from cutting back on benefits, employers have other options, equally bad: laying off workers or reducing full-time shifts to part time.