Dr. Boozman's Check-up
Jul 17 2013
Despite the Obama administration’s one year delay of the implementation of the employer mandate provision in the President’s health care law, small business owners are concerned it will negatively impact their businesses.
A recent survey of small businesses by the U.S. Chamber of Commerce shows how unpopular the law is and what business owners have planned to avoid the increased costs of the mandate.
Among small businesses that will be impacted by the employer mandate, 50 percent say that they will either cut hours to reduce full time employees or replace full time employees with part-time workers to avoid the mandate. 24 percent say they will reduce hiring to stay under 50 employees.
Unfortunately, this doesn’t come as a surprise. My colleagues and I warned about the consequences on the business community when the bill was being rushed through Congress.
Our job creators deserve a degree of certainty so they can plan for the future of their business. Obamacare burdens small businesses and creates greater uncertainty. We need health care reform that contains costs rather than increasing costs to businesses.