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Finding out what’s in it: A new study has found that small businesses are increasingly not offering health insurance to their employees since Obamacare went into effect.
The survey, conducted by Assistant Professor of Economics Leslie Muller, focused on companies that have fewer than 50 employees. Companies of that size are not mandated by the ACA to offer insurance to employees. “Small firms have faced, traditionally faced, higher costs so they’ve been strapped for a while. That doesn’t necessarily have anything to do with the ACA it just has to do with the fact that health care costs have been raising it’s been particularly hard on the small firms,” Muller said.
The Survey found that of small businesses that offered health insurance over the past two years, only 40 percent plan to offer insurance in 2015 and only 28 percent in 2016.