Thursday, January 20, 2011

Discover Survey Finds Majority of Small Business Owners Favor Repeal of Health-Care Reform Law

RIVERWOODS, Ill.--(BUSINESS WIRE)--More than half of small business owners favor the repeal of the health care reform law passed by Congress and signed into law by President Obama in 2010, according to a survey from Discover conducted January 10-12. Forty-six percent also say that the current health care reform law will hurt their business.
In addition, 47 percent of small business owners who provide health insurance to their employees said they are considering discontinuing health insurance because the costs are too high – the highest figure since Discover began the survey four years ago. Fifty-one percent of small business owners who offer health insurance to their employees say they are not considering discontinuing the insurance, and 2 percent were unsure.  (read more)

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