Graves: Self-Employed Small Businesses Deserve A Break From Obamacare
Hanna Subcommittee Hearing On Obamacare And Self-Employed TOMORROW
House Small Business Committee Chairman Sam Graves (R-MO) released the following statement on House passage of the Suspending the Individual Mandate Penalty Law Equals (SIMPLE) Fairness Act (HR 4118), ahead of Thursday’s Subcommittee hearing on how Obamacare is affecting self-employed businesses:
“The employer mandate has been delayed for most companies, but self-employed businesses are still unfairly accountable to the requirements of the health law,” said Chairman Graves. “In fairness, the administration’s decision to delay part of the law must be applied equitably to all Americans, including sole proprietors and the self-employed. The 15 million self-employed small businesses in America have experienced higher costs, shrinking provider networks, and confusion since it was signed into law and they deserve a break from Obamacare, just like everyone else. No one should be punished because of the size of their company, therefore, the Senate should take up H.R. 4118 so Washington can apply our laws equitably to all businesses. Tomorrow’s Small Business Subcommittee on Contracting and Workforce hearing will look at this very matter, discuss solutions, and allow small businesses to have their say on legislation like this.”
Tomorrow, the Small Business Subcommittee on Contracting and Workforce, under the chairmanship of Rep. Richard Hanna (R-NY), will conduct a hearing titled Obamacare and the Self-Employed: What About Us? The purpose of the hearing is to examine the effect of the President's health care law on self-employed businesses in America. According to the National Association for the Self-Employed, over 77 percent of small businesses in the United States are self-employed ones. Although the Obamacare employer mandate has been delayed for a year, the individual mandate went into effect on January 1, 2014. Typically, the self-employed purchase health insurance on the individual or non-group market and would be required to carry coverage to comply with the individual mandate.