The Unaffordable Care Act leads to rate hikes for small business
Think the canceled health policies hurt the Obamacare cause? There’s another political time bomb lurking that could explode not too long before next year’s elections: rate hikes for small businesses.I think big business will face the same dilemma of higher rates at about the same time. The political consequences should be interesting for those of us who oppose the evils of liberalism.
Like the canceled individual health plans, it’s another example of a tradeoff that health care experts have long known about, as the new rules for health insurance prices create winners and losers. But most Americans won’t become aware of it until some small business employees learn that their premiums are going up because of a law called — oops — the Affordable Care Act.
Some will learn the opposite, that their premiums are going down because of the law. But as we saw with the canceled individual health plans, it’s the losers who will get most of the attention.
And the timing will be terrible for Democrats: A lot of those small businesses will have to start dealing with their new prices in October — just in time for Republicans to make it an issue in their mid-term election campaigns.