Total lie of Obamacare begins to unravel as small business insurance offerings delayed another year
by: Ethan A. Huff
Wednesday, May 08, 2013
An Obamacare insurance exchange scheme that was intended to give American small businesses the ability to choose from a variety of insurance options for their employees will not be ready until at least 2015, according to new reports. The program, which was supposed to go into effect this fall, will simply not be ready in time, which means small businesses will have only one insurance option.
Not surprisingly, the delay could eventually put many small companies out of business, or at the very least force them to lay off some of their employees. Many small businesses already have a difficult time voluntarily providing health insurance coverage for their employees, which means the new Obamacare mandates will only make the situation worse by putting additional strain on the small business sector.
“Lots of small businesses struggle with providing insurance for their workers so this was supposed to facilitate it and make it easier for small business to do this,” says Jim Capretta from the Ethics and Public Policy Center about the insurance exchange program. “It was a huge portion of the sale job. When they passed the law in 2010 there were many senators and members of Congress who were saying ‘I am doing this because it’s going to help small businesses’.”
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