Hispanic Business Owners And Obamacare
Business-Owner Concerns
Its hard not to attribute this to the barrage of new regulations coming from the federal government increasing business operational costs, especially when hearing directly from Helen Darling, president of the National Business Group on Health, who was recently quoted as saying, They are adding to employers costs. So the case cant be made on money,
Another Hispanic business owner, Juan Carlos Barrera, expressed similar concerns: Small businesses are being force to cut employees, for fear of rising costs This law its telling me to stop growing my business
Even the normally friendly Hispanic press for the president and his policies has been exposing these unintended consequence of Obamacare, as evidenced by this recent report, where a Hispanic business owner, Ruben Rives, expresses exacerbation to the Telemundo network worried about how he is going to keep his cleaning business afloat because of the Obamacare mandates.
Of course the effects of Obamacare extend beyond Hispanic business owners, but also to individual, as evidenced by a recent Heritage Foundation study pointing out how premiums are rising, especially for young people. This is particularly problematic for Hispanics because they also happen to constitute one of the youngest populations. In states like Arizona and Texas, our research shows that rates are skyrocketing. For example, a 27-year-old Texan can now expect to pay $229 for a one-month premium, up from $115 prior to Obamacare.
Theres a better way to provide healthcare coverage to those Americans looking for coverage, such as implementing free market reforms, buying health insurance across state lines and fixing the regulatory system to encourage Health Savings Accounts. This approach would not burden small business owners or force Americans to spend more to cover their monthly premiums.
ABOUT THE AUTHORS
Ojel Rodriguez assisted Israel Ortega in the creation of this piece and is an intern at The Heritage Foundation and a Member of the Young Leaders Program. Israel’s bio can be found below on this page.
Other articles by Israel:
Stop the Fiscal Cliff while Preventing Tax Hikes
