Supreme Court Ruling on Healthcare Will Have Major Impact on Small BusinessBy Rhonda Miller | Published 28 Jun 2012 08:23pm |
The Supreme Court decision to uphold President Obama’s healthcare reform law has a major impact on small business. MPB’s Rhonda Miller has reaction from some who own, or work in, what’s often called the heart of the American economy.
“My understanding is, it’s a tax and I’m not happy about it at all.”
That’s Wes Mink who owns a property management consulting company. He’s at one of his properties, Storage Choice, in Gulfport.
“I believe I’m taxed enough. It’s hard to bring home a good income and be a small business owner, when the government takes all they can take.”
Mink has up 10 employees.
"I don’t know how it’s going to affect me, right off. But from my understanding, I’m going to have to provide them with up to 50 percent of their healthcare or pay a fee. And I’m not sure which is going to be greater, the fee or the insurance. I don’t have all the answers, but I’m not liking the way it’s going."
At Shady’s Global Grille in Biloxi, manager Vee Langston isn’t sure how the ruling will affect her as an employee. As of now, she doesn’t have health insurance and she can’t wait.
"If we’re forced to get car insurance because of car accidents, why wouldn’t I want insurance on my life? Where I can save myself or my family if we’ve got to go to hospital, I'd rather be covered on that, than trying to cover insurance on a car."
Her co-worker at Shady’s, Helen Haley disagrees, even though she and her husband have no health insurance and their three children have Medicaid.
"I just have an issue with being forced into something. I just think it sets a precedent for other things."
Mississippi Director for the National Federation of Independent Business Ron Aldridge sees the ruling as a huge burden.
"Because of more taxes, mandates on them and other things that will cost their business and limit their opportunity to survive in this economy."
The healthcare law requires nearly all Americans to have health insurance, or pay a penalty, by 2014.
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