12% of Small Businesses Cut Health Insurance Plans Since Passage of Healthcare Reform
Twelve percent of small businesses have had or expect to have their health insurance plans cut since the passage of President Obama's healthcare reform law, according to a WTAM report.
The figure comes from a report from the National Federation of Independent Business, which surveyed small businesses one year after the passage of the Patient Protection and Affordable Care Act.
The report found prevailing negative attitudes about the law's impact among small business owners. Eliminating employer healthcare plans "is the first major consequences of PPACA that small business owners likely feel," the report said.
Read the WTAM report on the NFIB report.
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