Tennessee: Local Businesses Stop Growing Due to ObamaCare Regulations
Obamacare Is Causing Local Businesses In Tennessee To Stop Growing (Washington Free Beacon)
Terrie Ballman, Service Manager at Joslin & Son Signs, a sign company in Nashville, Tennessee, says that employers who offer healthcare are being hit with a major rate hike.
The National Federation of Independent Businesses estimates that premiums could be 70 to 100 percent higher, due to various taxes associated with Obamacare.
Ballman told WZTV-NAZ, “Our part is going to substantially increase and it’s for coverage that’s not even as good as what we have now.”
Joslin & Son Signs is unable to hire more employees because under the Obamacare law, companies employing 50 workers or more must offer their employees health care insurance. The sign company currently employs 49 workers.