(CNN) – A coalition of small business owners is speaking out against a provision in the health care reform law that it says will place an unfair burden on their businesses and employees.
The "Stop the HIT" Coalition's campaign is aimed at repealing a provision they've dubbed the "Hidden Insurance Tax (HIT)" - a fee in the Patient Protection and Affordable Care Act that will be levied on insurance companies based on companies' market-share.
But the group says the costs of the tax will ultimately be passed down to consumers, costing small businesses and the self-employed billions in dollars over the next ten years.
The provision is set to go into effect in 2014.
Guess what folks when every worker start paying their share of the health insurance in 2014, a lot of burden will be lifted off small businesses. Because it will be billions of extra dollars flowing through the system, so please stop drinking the repugs cool aid on this one.
If this feigned outrage had been based in reality, it might have held more water...
then small business needs to form a group of concerned business owners and start trying to help with the insurance problems – they too have been getting ripped off by insurance companies – why not be on the side of employees and help make this better
The figures cited are grossly inflated and misleading, if not outright false. The ACA, Affordable Care Act does not force all small businesses to do as the ad suggests. Those figures cites all small businesses The smallest businesses are excluded. I believe the cutoff point is 50 employees.
unless you operate a small business , most americans have no idea how much we have to pay out each month...it almost makes you want to throw up your hands and say " i give up" ......
I don't see this like that. The fee will be on big insurance companies that double premiums and not on small businesses. This is a pure speculation and not a fact. Democrats should say no to these lies and misinformation and explain to the public.
The Democratic party is the only party that still believes in fairness and equality and the republicans believe in nothing more than their arrrogance and self serving ways. Republicans will create a nobility class on the backs of the working poor.
Man You People Need to stop listening to the TEA PARTY and the REPUBLICAN. I don't know what they been drinking but they should lay off the stuff because It burning out there mind. Everyone should be In title to Health Care. Heck you Republican and Tea Party are trying to take It away from the OLD AND THE POOR NOW. Wise Up
Can you imagine that? The insurance is opposed to a law that requires people to buy health insurance. What is the problem with a law that adds to your customer base? Why would the industry oppose it on those grounds? Because they realy don't oppose it on those grounds.
The ad is a lie. The ad is not citing the real issue the insurance companies oppose. The insurance companies oppose the requirement that no one can be dropped. But, they cannot come out and state it that way. Can they? So, they invent an excuse that sounds reasonable.
Don't they realize that all they have to do is donate big cash to the Obama re-election campaign and they can get a healthcare waiver. The administration dishes the waivers out like candy because they know how ridiculous the law is, so the small business owners should come together, pull the necessary resources and see if the administration bites.
@German,Irish,American ,Four and The Door you two guys are probably the worst kind of people that America has , If you would take the time and read Paul Ryan's plan it essentially wipes out the healthcare protections that so many elderly , poor and middle-class people rely on . The majority of economist says that Ryan's plan is to the far right extreme and would hurt a lot of people as well as the nations' fragile economy but also would put the burden of cost on the poor , elderly and the middle-class and excluding the wealthiest people in this country from having to help with any cost of this reform . Now how can one propose such reforms of such magnitude and then want to give tax breaks to corporate and wealthy Americans ..........................i geuss the GOP ( GREED OVER PEOPLE ) lie so much that they are actually starting to believe
They are using the old "the costs will be passed onto the consumer" line. When exactly will it be Ok to put more of the burden on private insurance companies. Have you seen their profits? If for profit insurance were truely competitive they would not be able to pass on the cost. And by the way, I own a smal business.
I suppose they could always get a waiver. Oh wait... they're not unions nor are they in Pelosi's district. Scratch that.
Once again , the dumbing dowm of the American citizen by the GOP ( GREED OVER PEOPLE ) is in full effect , these people have no shame , and by the way where are those jobs ( GOP ) that so many republicans ran on during the 2010 election cycle , not one job bill has been proposed , instead they are working ways to repeal anything that Obama has accomplished for the ENTIRE country , not just a few like the republican party does . I can say this about the ( GOP =GREED OVER PEOPLE ) that they would lie cheat and steal to from their mothers if it was a way to regain power !!!!
Why should businesses be supplying insurance to their employees? Why, because in 1995 the Republicans mandated employers pay insurance for their employees.
If we had a half decent health insurance system, this would not be necessary. That is what small businesses should be fighting.
Only the sucidal would touch Medicare or SS as it stands today. The future? The whole idea of affordable health insurance needs to be re-visited. One problem is how they define small business. They always leave out the mom and pop operations, the heart and soul of our communities. As one of them I can tell you, we can't afford another penney in costs dumped on us. And a lot of us, my wife included, can't afford ANY health insurance the way it is now. The solution. Get the issue the hell out of the hands of politicians, who record everything and understand nothing, and let a blue ribbon panel of citizens TELL them what we want and need. They can figure out how to pay for it, just like they are finding a way to pay for their stupid war.
This small business owner is just going to downsize, lay off most employees and take care of his own family. I'm tired, I have worked all my life, and am now going to give this ulcer to the rest of you lazy dems. Enjoy!
Doug, what a hypocrite. You say " best for all Americans ". And then insult HALF of all Americans (i.e. Democrats). Your just the same hater that purport to be against.
As for this article, aren't you a little bit suspicious when a company says you can't ask to us (who are making billions) to pay any more because we'll just pass it down to consumers?
Another group only too glad to take the subsidies but crying when anyone demands they do something good for the worker. Every time any little government regulation or tax comes along that even remotely affects small business (which they don't even know will affect them probably) they scream bloody murder. Take away their subsidies and tax breaks and you would think you are asking for a lung donation.
Here is a news flash. I have been a CPA for a lot of years and I can state with certainty that I have never, ever seen a small business go under due to taxes or government regulation. It is always due to the business owner mismanaging their business (i.e. treating their business like a hobby). End the subsidies. End them now.
do not cry on Health Care reform and Financial Regulations Reform. If you have guts, import medicines from India. Look, Metrogel ointment costs in India 39 rupees. that is our 40cents. Now the same here is 250 dollars, with your insurance 125 dollars. Shame, shame, shame. Get it, and fix it. Do not cry on Health Care. Import medicines so that these pharmaceutical industries will be cured with their disease. o.k, do not cry on health care.
I am sure that no one missed the inuendo of calling it a "tax." They are saying "Boo!"
Smoke & Mirrors again by the Koch-brothers-run GOP Spin Machine. I must admit, these guys love their bumperstick slogans – "HIT TAX"
First of all, the provision pertains to large greedy insurance companies, not small businesses. There are business size exemptions in the healthare reform act to prevent this from happening.
The question is what does this provision do FOR THE COMMON MAN ON MAIN STREET. Clearly it benefits the individual and I'm sorry but it is to be judged on those merits.
Republicans seem to thing that they can trot out "Small Business" as the trump card to beat back anything they don't like. It is not going to happen this time.
If the health care act is good for everyone, then why is the president giving out exemptions to his buddies? Why are many businesses in the FORMER speaker's district also exempt? Why give out any exemptions at all? Shouldn't everyone be treated the same regardless of party affiliation or campaign contributions? The left is always saying they are about fairness. Please explain.
First you have to ask their definition of "small business"...many large corporations are considered "small business" due to the paperwork they fill out. If you think Mom & Pop's business is being considered by the tpers and gobp you are sadly mistaken. Chefdugan and Wahhhh! have it correct....
My wife owns a small accounting firm and we can tell you first hand that when we actually can convince a small business to PAY its taxes rather than find loopholes and complain about a complex progressive tax, they actually come out ahead, as do their employees.
Just recently turned away a customer that was railing against Obama and high taxes while trying to slip 30 illegal immigrants he paid cash under the table. If he would have hired legals or Americans to do the same job he would have come out in the black, but the cheap bastard would rather complain and cheat.
Soon he'll be audited if he keeps up that behavior, and I'm sure it'll be Obama's fault, not his for his behavior. I guess he would be considered conservative by some, I consider him a fool.