Will Obamacare Spur Small Business Growth?
Posted at 9:44 a.m. on April 30, 2014
NPR: “A recent study by Georgetown University and the Urban Institute predicts the ACA will enable up to 1.5 million Americans to leave their jobs and become self-employed, start new businesses or retire early. It’s a finding that runs counter to forecasts by critics of the federal health law, who contend it will cost the nation jobs and cripple America’s small-business economy.”
The NPR story profiles a number of families including Rebecca Murray whose career goals were hampered by her husband’s pre-existing medical condition.
“But under the federal health law, they now qualify for a subsidized policy that will cost $535 a month for the whole family. It’s not cheap, she says, but the coverage allowed her to quit her job and launch an online business to help other young women take care of sick loved ones.”