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Does the Health Care bill hurt small business?

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LeftyAndProud60 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 12:48 PM
Original message
Does the Health Care bill hurt small business?
I keep hearing people who are starting a business complain about The Health Care law, how exactly does it hurt?
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eleny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 12:50 PM
Response to Original message
1. Can't they tell you how?
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LeftyAndProud60 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 01:00 PM
Response to Reply #1
5. I don't understand business talk. Usually it's someone in the medical field who is complaining.
But they also have their own business that caters to health care needs of some kind. It's some crap about insurance companies not paying up or something. I'm not sure. It's a vid on huffpost about some UFC fighter who was complaining about the Health Care bill, and made me think of how many times I've heard people make the same complaint.
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eleny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 01:03 PM
Response to Reply #5
6. Sounds like they don't really know, either
If it held weight they should be able to explain it without using mumbo jumbo.
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jwirr Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 02:21 PM
Response to Reply #5
10. For years medical claims have taken forever to get paid. Sometimes
it was up to 6 months before a claim was paid. This did hurt small businesses because they did not have the capital to set there and wait. This may be what they mean. Anyone know if HCR fixed any of that?
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liberal N proud Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 12:51 PM
Response to Original message
2. People complain about because FOX news told them it is bad
And the rest of the M$M followed suit.
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JustAnotherGen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 12:56 PM
Response to Original message
3. It does not
My boyfriend owns two - each employing between 20 and 30 people. For him it's business as usual as he has always provided health insurance on par with what he pays taxes in ITALY for his employees in his galleries over there.

He - the business as usual guy is ticked off that his employees can no longer use the health savings for OTC meds - just as he's pissed off he can't and that I can't.

Oh - and see above. He's an Italian citizen living in America but who was 'born' and lived the majority of his life on 'So-Called Socialized Medicine'.

The second thing that pisses him off his that he couldn't have just bought medicare for the people he employees in the U.S.

What's that tell you? Again just ONE business owner but one who feels a MORAL obligation to keep his tradespeople and crafts people healthy and not worried about getting stitches if they miss the mark, or getting a burn treated, or falling off a ladder, etc. etc.

It's the ones who lack decent human morals (i.e. selfish, self-service, self absorbed and greedy) that are po'd about the legislation. . .
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The Wielding Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 12:57 PM
Response to Original message
4. "...96% of U.S. businesses, are exempt from... health benefits..."
Edited on Tue Jan-04-11 01:06 PM by The Wielding Truth
http://www.businessweek.com/smallbiz/content/apr2010/sb20100413_125807.htm

"These small ventures, which make up 96% of U.S. businesses, are exempt from the mandate that requires larger enterprises by 2014 or pay a $2,000 penalty per employee."By Karen E. Klein

Later in the article there is concern that this may suppress growth in small business,but if a business employs more than 50 people is it still small? How big does a business have to be before it is responsible for it's employee's' health care?
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hedgehog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 01:13 PM
Response to Original message
7. I know people who've closed their small businesses and taken
jobs elsewhere because it was the only way they could get health insurance. I would think that if small businesses and the self-employed are able to get health insurance for a decent price, more people will be taking the leap.
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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 01:33 PM
Response to Original message
8. It helps them because community rating will save them money
Edited on Tue Jan-04-11 01:38 PM by CreekDog
they will get the larger group rates that the larger businesses and purchasers get.

when the law is fully phased in that is.

how much detail do you actually want? the post was pretty superficial.
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EC Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-04-11 01:58 PM
Response to Original message
9. It should help them, since it offers
subsidies for them to provide insurance to their workers....
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Abq_Sarah Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-05-11 07:31 PM
Response to Original message
11. As of right now
I can't see how it would hurt any small business. What's going to hurt is that stupid 1099 requirement set to go into effect next year.
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