Richard and Ashley of Carrboro, North Carolina are owners of a small gardening business with five locations across the state. Like many small business owners, they view their employees as extended family. That means if someone gets sick, they want to make sure their employees have access to quality, affordable health insurance.
That’s why—even though it’s an additional expense—Richard and Ashley made the decision to cover half the cost of insurance premiums for full-time employees of their business.
Thanks to Obamacare, and the Supreme Court’s decision to uphold it, small business owners like Richard and Ashley will have greater options and lower costs in providing health care for their employees.
In fact, over 126,000 North Carolina businesses with 25 or fewer workers are eligible for a tax credit of 35% (and 50% beginning in 2014) if they choose to help cover their employees.
The good news about yesterday’s decision is that Richard and Ashley can continue to run a healthy small business, while also being secure in the knowledge that they have healthy employees too.
Mitt Romney has stated that he would repeal Obamacare on his first day in office—causing people like Richard and Ashley to face financial hardship and lose their ability to provide quality health care to their employees.