Thursday, May 16, 2013

Gallup Poll: Half of U.S. Small Businesses Think Health Law Bad for Them

Owners Already Responding to Healthcare Law

PRINCETON, NJ -- Forty-eight percent of U.S. small-business owners say the 2010 Affordable Care Act (ACA, or Obamacare) is going to be bad for their business, compared with 9% who say it is going to be good, and 39% who expect no impact...

When asked if they had taken any of five specific actions in response to the ACA, 41% of small-business owners say they have held off on hiring new employees and 38% have pulled back on plans to grow their business.

One in five (19%) have reduced their number of employees and essentially the same number (18%) have cut employee hours in response to the healthcare law.

One in four owners (24%) have thought about eliminating healthcare coverage for their employees....
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Link: http://www.gallup.com/poll/162386/half-small-businesses-think-health-law-bad.aspx

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