Federal Government

Small businesses do not want Obamacare killed

So Thursday is the big day.  The Supreme Court will rule on the constitutionality of the individual mandate of Obamacare.  The critics of the healthcare reform have alleged that small business owners want the law totally repealed.  Below is a legitimate poll that disagrees. Half of Small Business Owners Want Healthcare Law Upheld; Only One-Third […]

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Obamacare delivers for South Carolina citizens and businesses once again

One important part of Obamacare passed in 2010 was a thing called the medical loss ratio.  Essentially it says that if at least 80% of the health insurance premiums collected by an insurance company do not go to paying for medical services then the policyholder is due a refund.  As the story below indicates, South Carolinians

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This small business wants Obama’s health insurance law

Tomorrow might be the day the Supreme Court rules on the constitutionality of the Affordable Care Act–Obamacare. Then again it might be on Monday or next Wednesday. We’re not sure but when the decision is revealed, the media will go crazy. So until that happens, listen to Louisa McQueeney, the CFO of Palm Beach Groves,

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Congressional field hearing yields real small business issues

South Carolina Congressman Mick Mulvaney held a field hearing in Rock Hill, SC, yesterday titled “Caught Up in Red Tape: The Impact of Federal Regulations on Small Businesses and Contractors”.  Mr. Mulvaney is the Chairman of the Small Business Subcommittee on Contracting and Workforce. I wasn’t able to attend the meeting but did have a

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Obamcare critics have nothing new to offer

Let’s continue with the healthcare reform theme I’ve been addressing all week. On Tuesday, U.S. Senator John Barrasso (R-Wyo.) had an opinion piece in The Hill in which he listed four important principles of healthcare reform GOP-style. First, lower the costs of healthcare. Duh.  While very little of Obamacare has kicked in to address lowering

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An email on healthcare reform for the Supreme Court and public

If the GOP conservatives were distraught over the last few days because Mitt Romney selected Michael Leavitt (a supporter of parts of Obamacare) to head his transition team should he win in November, then they will be in full buyer’s remorse after reading today’s story in the Wall Street Journal. Calling for the full repeal

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Obamacare achieving its goal, slowly but surely

Small business owners are optimistic about their future says a recently released Bank of America survey.  That’s the good news.  The bad news is that small business owners are concerned about losing qualified employees to larger businesses because of benefits.  According to the survey 18% said that providing competitive healthcare and retirement benefits is their

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