As with most government actions, it started with the noblest of intentions: to provide safe, affordable healthcare to every citizen of the United States, leaving no person untreated or left to suffer.
Unfortunately, the early returns for a law that has not even yet fully gone into effect seem to indicate a nasty consequence: area businesses are fraught with uncertainty over just what exactly is contained in the law, and are not hiring new workers as a result, according to an article in the New York Post.
Small to mid-size businesses, which generate close to 70 percent of US jobs, fear ObamaCare could bury them in colossal bills and future paperwork, and are now paying the price as premiums have soared in anticipation of the new regulation."ObamaCare has been very negative for our business," Moishe Heimowitz, principal at First Medcare, a 50-employee medical practice based in Canarsie, told The Post. "The high costs of ObamaCare and our present health-care costs have impeded our efforts to hire more people."
It's no surprise that Obamacare has generated such early negative returns and confusion; as then-Speaker of the House Nancy Pelosi famously remarked, "we have to pass the bill so that you can find out what is in it." Unfortunately, it appears that we are learning the answers to that mystery are higher premiums, fewer small business hires, and waivers to cronies and top donors.
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