"In a Friday night document dump, along with the usual flotsam and jetsam of the administration came a bit of bad news for small business in America. Nearly two thirds of small businesses who offer insurance to employees will see their premiums increase.
That covers 11 million employees and their families.
Since those costs to businesses are usually passed down to employees in the form of higher contributions, Obamacare will impose what amounts to a pay cut on millions of workers.
The premium increase comes on the heels of several years of skyrocketing health insurance costs for small businesses."
No comments:
Post a Comment