Tag Archives: small businesses

One in eight small businesses have stopped providing health insurance since Obamacare was passed

Finding out what’s in it: One in eight small businesses have stopped providing health insurance since Obamacare was passed.

One of the great “promises” of [Obamacare’s] supporters was that insured people would be able to keep their current health insurance plan. As a practical matter that has not been true for a substantial number of small employers and their employees. Since enactment, one in eight (12%) small employers have either had their health insurance plans terminated or been told that their plan would not be available in the future.