Digital News Report – According to a survey complete for Discover Financial Services, 55 percent of United States small business owners want to see the health care reform law repealed. The survey was conducted between January 10 – 12, 2011.
The survey also showed that 46 percent of the small business owners felt that the health care reform law would hurt their business. Back in 2008, Discover did a similar survey about the health care and 40 percent of those small business owners were thinking about halting health insurance due to the cost involved. In 2010, small businesses surveyed said that 29 percent was considering dropping insurance coverage. In the newest 2011 survey, the number increased again to 47 percent of small business owners dropping health insurance coverage for employees.
Overall the small business owners were not in favor of the new health care reform law. There was 55 percent that want to see the law repealed, 36 percent that oppose the new law, and 9 percent that said they were unsure.
When asked if they felt that the new health care reform laws will hurt there small business, 46 percent said yes, 27 percent said that the new plan would help them, 16 percent said it would make any difference, and 11 percent were not sure.
By Victoria Brown