Why Some Small Business Owners Fear New Health Care Law
Many business owners are worried about the new health care law that goes into effect on January 1, 2014.
Why? There are not sure they will be able to afford it and they’re not even sure what it’s actually going to cost them.
Check out this article called “Small business owners face health care dilemma” by Joyce M Rosenberg to learn about the concerns small business have about the new health care law…
“NEW YORK — Rose Wang looks at her staff of 70 employees and wonders if she’ll have to lay off some of them to comply with the health care law.
“The owner of Binary Group Inc., an information technology firm based in Alexandria, Va., is one of many small business owners who will be required to provide health insurance for her staffers under a provision of the law that goes into effect on Jan. 1, 2014. Wang already provides insurance, but she has struggled with premiums that have soared as much as 60 percent annually, so she requires employees to contribute to their coverage. She’s worried because she doesn’t know how much she’ll have to pay under the Affordable Care Act.”
Photo by Truthout.org
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