Health Care Reform: Starting to Show Results
For all the handwringing about Health Care Reform, it looks like the law is starting to have a positive effect on people’s lives. According to the Wall Street Journal:
The number of small businesses offering health insurance to workers is projected to increase sharply this year, recent data show, a shift that researchers attribute to a tax credit in the health law.
Many small businesses, however, remain opposed to the law. Some small businesses are benefiting from portions of the law, which includes a tax credit beginning this year that covers as much as 35% of a company’s insurance premiums.
According to a report by Bernstein Research in New York, the percentage of employers with between three and nine workers and which are offering insurance has increased to 59% this year, up from 46% last year. The report relies on data from a September survey by the nonprofit Kaiser Family Foundation.
This strikes me as especially significant in an economy characterized by high unemployment, a situation that naturally reduces the need for employers to provide new incentives to find good workers.
whats that you say? couldnt hear you for all the screaming to repeal health care reform.
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