Monday, June 16, 2014

The Impact of Obamacare on Small Business

The Impact of Obamacare on Small Business: "The impact of the Affordable Care Act (ACA) on costs will be especially acute for small businesses, explains Senior Fellow Devon Herrick in a new report from the National Center for Policy Analysis.

While large corporations typically self-insure (paying for their employees' medical bills and hiring insurers to administer benefits), small businesses generally purchase group health coverage. As they renew their coverage, small businesses are facing a series of cost-increasing regulations that will ultimately affect all business operations, including hiring, employee compensation and business growth."



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