Obamacare Relief: Letter to the Editor
By John Archer, Sentinel Business Owner
As a small business owner, the rising cost of health insurance is one of the biggest concerns I have for the future of my company. A 2016 survey by the National Federation of Independent Business confirms my concerns, listing the cost of health insurance as the No. 1 problem facing all small business owners.
In 2008, I was encouraged when then-President Barack Obama promised to lower health insurance premiums by $2,500 a year per family. But six years after the passage of Obamacare, thing are worse than ever. Employees are experiencing significant premium increases, huge deductibles and virtually no choice of insurance providers, doctors or plans. Average premiums are increasing by double digits again this year, while insurance companies continue to drop out of the exchanges.
If this wasn’t bad enough, the Obamacare regulatory burden on my company is preventing me from growing my business and hiring new employees.
Republicans in Congress have promised to repeal Obamacare for six years, and now with President Donald Trump in office, they have no more excuses. While there are many different ideas on how to replace Obamacare, Congress must focus its efforts on repeal first. Relief can’t come soon enough.
*Originally published in the Kansas City Star, click here.