It makes no sense for small businesses to provide health insurance to employees. This testimony from a small business owner to the House Tri-committee yesterday shows it. (Same is true for all employers but none save Ron Wyden dare say that).
Health insurance should be paid for by some form of taxation (VAT, income tax or payroll tax) that is in proportion to businesses and individuals profitability/income, and small businesses (and big ones) should be left to do whatever it is they do. I cannot fathom how NFIB manages to convince its members otherwise, but it does appear that there’s a crack in that dike with various small business groups coming out in support for real health reform.
Having said that, I don’t think there’s too much likelihood that a typical low wage business will get much help anytime soon.
Categories: Matthew Holt