How Small Business Is Reacting to Obamacare

The International Franchise Association and the Chamber of Commerce have released a survey of companies representing 42 million jobs:

• Sixty-four percent of franchise and 53 percent of non-franchise businesses believe the health care law will have a negative impact on their businesses.

• Twenty-nine percent of franchise and 41 percent of non-franchise businesses are already seeing health care costs increase due to the law.

• More than 50 percent of franchise and non-franchise businesses are planning to make decisions, such as reducing employee’s hours, to comply with the law’s employer mandate.

[Cross-posted at Psychology Today and John Goodman’s Health Policy Blog]

* * *

For the pivotal alternative to Obamacare, please see the Independent Institute’s widely acclaimed book: Priceless: Curing the Healthcare Crisis, by John C. Goodman.