Remember how the "Affordable" Car Act (ACA), a.k.a. ObamaCare would going to make health care--er, well--affordable? As usual, be afraid when somebody says, "I'm from the government and I'm here to help you." Here's our small business' real-world experiences with ObamaCare. We are admittedly a small company so our experience, while certainly not unique, may not apply universally. The number of employees has not changed since 2008.
Note the rapid procession of increases after President Obama proposed what eventually become the "Affordable" Care Act (ACA) and the large increase (30%!) shortly after the President signed the bill into law after it passed Congress on a one-party, majority-forced vote.
According to the Society of Actuaries, even more "good news" awaits California's small businesses, with up to 62% more increases coming by 2017. Supposedly, there will eventually be a small business credit under ACA, but I'll believe it when I see it. Currently, it just means that our health care insurance costs have DOUBLED in the last four years with no improvements in benefits or services. Thank you, Washington! It's there somebody else that needs your "help"?
Now, back to figuring out how to double our revenues in less than four years to pay for all this "help".