"To be sure, the new health law will also impose other fees and taxes, including a $63 tax on each person covered in a health plan starting next year.
The new health-law tax, which increases annually, is projected to raise premiums for small businesses by an average of 1.9% to 2.3% in 2014, or about $150 per employee and $360 per family, according to a report by management-consulting firm Oliver Wyman in Milwaukee, Wis. By 2023, the firm predicts the cost could rise to an average of $360 per employee and $890 per family for small businesses."
what are your thoughts on the different levels of health insurance tax (hit)?
I know someone that owns a small business and they say this will kill them.
ReplyDeleteCant say anything more than two words: Political advantage
ReplyDeleteThere is no way that a small business will be able to successful because of the projected raise in premiums.
ReplyDeleteAgree with both comments, small businesses help run our economy and keep it afloat (entrepreneurs!) and if they're just going to kill them all off then whats the point?
ReplyDeleteThis has huge effects on small business', how are small business' going to thrive? The rate of successful small business' are already very low...lets make it lower...?
ReplyDeleteThis is so demotivating for the small businesses. I wish there was a way for the larger corporations to absorb more of the healthcare cost
ReplyDelete