A Project of Economic Policies for the 21st Century

Issue: "Business Impact"

Half of U.S. Small Businesses Think Health Law Bad for Them

Dennis Jacobe, Gallup
Fri, 2013-05-10

"Forty-eight percent of U.S. small-business owners say the 2010 Affordable Care Act (ACA) is going to be bad for their business, compared with 9% who say it is going to be good, and 39% who expect no impact... Similarly, 52% of owners say the ACA is going to reduce the quality of healthcare they and their employees receive. This contrasts with 13% who feel it will improve the quality of care their employees get, and 30% who see no impact."

Health Perks Geared To Top Workers Could Trigger Penalties Under Health Law

Julie Appleby, Kaiser Health News
Thu, 2013-05-09

"Many executives have long enjoyed perks like free health care and better health benefits for themselves and their families. But under a little noticed anti-discrimination provision in the federal health law, such advantages could soon trigger fines of up to $500,000. Employers 'should be more concerned about this than anything else' in the law, because many are in violation and the penalties can be stiff, says Jay Starkman, chief executive of Engage PEO in St. Petersburg, Fla., which offers human resources services and advises clients on the health law."

Obama must help small business owners with burden of health care law

Rep. Sam Graves
FoxNews.com
Thu, 2013-04-25

"The health care law is 'the most disruptive instrument to the American workplace in my lifetime.' That’s the perspective of Richmond businessman William J. Goldin, Jr., president of family-owned Strange’s Florists, Greenhouses and Garden Centers since 1978, who testified before the Small Business Committee last week. Even proponents of the controversial health care law are now worried, as the predictable problems become a reality."

Nation's Biggest Movie Theater Chain Cuts Workweek, Blaming ObamaCare

Perry Chiaramonte, FoxNews.com
Mon, 2013-04-15

"The nation's largest movie theater chain has cut the hours of thousands of employees, saying in a company memo that ObamaCare requirements are to blame. Regal Entertainment Group, which operates more than 500 theaters in 38 states, last month rolled back shifts for non-salaried workers to 30 hours per week, putting them under the threshold at which employers are required to provide health insurance."

Untold Story of Small Biz Delay under ACA, Just Déjà Vu from Massachusetts

Josh Archambault
Forbes.com
Mon, 2013-04-08

"In a 2010 paper I authored for the Heritage Foundation, I documented the delayed and failed effort by the Massachusetts public exchange (Connector) to offer real choice and savings to small businesses. My report suggested the experience served as a warning to other states. I suppose I should have targeted it toward the federal government instead."

Study: States Lag On Tracking Potential Obamacare Loophole

Jay Hancock, Kaiser Health News
Mon, 2013-04-08

"What if there were a way for even small employers to escape some Affordable Care Act rules blamed for driving up costs? Some see self-insurance for medical care, which is exempt from the law’s taxes, benefit rules and price restrictions taking effect next year, as just such an opportunity... In some circumstances, self-insurance by small businesses with younger employees could cause premiums in the small-group insurance market to rise by 25 percent, according to previous research from the Commonwealth Fund and the Urban Institute."

Obamacare Won't Be Doing Much for Small Business Next Year

Megan McArdle
The Daily Beast
Wed, 2013-04-03

"I don't get the sense that at the time of passage, people had spent a lot of time thinking about the sheer mechanics of how this would all work: how the IT would be built, the rules written, the necessary information assembled. They spent a lot of time staring at the blueprints, not so much thinking about the building materials and the labor."

Health Law Provision for Small Business Is Delayed

Robert Pear, The New York Times
Tue, 2013-04-02

"Unable to meet tight deadlines in the new health care law, the Obama administration is delaying parts of a program intended to provide affordable health insurance to small businesses and their employees — a major selling point for the health care legislation."

Restaurant Chains Cut Estimates for Health-Law Costs

Scott Thurm, The Wall Street Journal
Thu, 2013-03-28

"They say many employees will decline company-offered insurance, either because they can get insurance through Medicaid or a family member, or because they prefer to pay the penalty for not having health insurance. The penalty next year will be as low as $95 next year, much less than most employees will be asked to pay through company-sponsored insurance plans. The comments suggest that some people may fall through the cracks in the law and remain uninsured, at least for a time."

Health Law Could Boost Use Of Temp Workers

Jay Hancock, The Washington Post
Mon, 2013-03-25

"Starting in January, employers with at least 50 workers must offer affordable coverage or pay a penalty. To stay under this limit, some are considering outsourcing jobs to specialists such as Kelly Services, Manpower, Robert Half and Randstad, whose stock prices have soared."

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