from CBS News Money Watch
By Alain Sherter
(MoneyWatch) The Supreme Court on Wednesday wrapped up three days of
arguments over President
Obama's landmark health care law, and Vintage Vinyl co-owner Lew Prince is
scared -- that the legal challenge will work. If the Patient Protection and
Affordable Care Act is overturned, "I'll be back in the crappy system I was in
two years ago," says Prince, co-owner of the small St. Louis music store. "We'd
go back to fighting for every inch of coverage every year."
Such fears highlight the division of opinion among small business owners about the health care overhaul. One of the main litigants against the law is the National Federation of Independent Business (NFIB), a Washington trade association that contends the new law will raise its members' costs, burden them with regulations, and kill jobs. Other small business groups argue the opposite, claiming that the law is already lowering costs, expanding firms' insurance options, and easing the process of arranging coverage.
Such fears highlight the division of opinion among small business owners about the health care overhaul. One of the main litigants against the law is the National Federation of Independent Business (NFIB), a Washington trade association that contends the new law will raise its members' costs, burden them with regulations, and kill jobs. Other small business groups argue the opposite, claiming that the law is already lowering costs, expanding firms' insurance options, and easing the process of arranging coverage.
No comments:
Post a Comment