Last week, the National Small Business Association released its 2014 Small Business Health Care Survey. The survey reveals that 91% of respondents reported an increase in the costs of their health plans at their most recent renewal.
One in four small businesses saw cost increases exceeding 20% at their most recent renewal. When asked specifically about the Affordable Care Act, commonly referred to as ObamaCare, small businesses reported spending on average 13 hours and a monthly cost of $1,274 to understand the law.
But perhaps worst of all, one-third of these small businesses say they are purposefully not growing as a result of ObamaCare! In addition a recent Congressional Budget Office (CBO) report showed that more than 2 million full-time jobs will be lost because of ObamaCare.
If you or someone you know runs a small business that is being negatively impacted by ObamaCare, please email your story to us at infoOH@afphq.org.
We all know that small businesses are the backbone of America’s economy. In order to get our economy growing as it should be, we cannot saddle them with harmful laws and regulations, like ObamaCare, that make it harder to grow and create jobs.
At AFP Ohio, we will continue to be at the tip of the spear in the fight against ObamaCare and any similar anti-free market, big government programs. Thank you for all you do to aid in our efforts!