Tuesday, November 5, 2013

Can Small Businesses Handle Obamacare?

By Megan McArdle at Bloomberg 
obamacare
"Subbing in for Matt Yglesias, Sean Vitka looks at a new report from the National Federation of Independent Business, the trade association for small businesses, and says that “No, Obamacare Hasn't Led Small Businesses to Cut Employees' Health Care”:" ...
....
"Good news! But here’s a surprising thing: The numbers in that report seem to be at odds with its words.
"Here’s the report's table on employers who plan to drop health insurance versus employers who plan to add it:
"If you look at the percentages, then Vitka’s point is correct. Thirteen percent of employers who do not offer insurance plan to add it, while only 7 percent of those who offer insurance plan to drop it. Unfortunately, percentage is not the correct way to look at it."
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