[Congressional Record Volume 160, Number 8 (Tuesday, January 14, 2014)]
[House]
[Pages H189-H190]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SECOND WAVE OF OBAMACARE CANCELATIONS' EFFECT ON SMALL BUSINESS
(Mr. HOLDING asked and was given permission to address the House for
1 minute and to revise and extend his remarks.)
Mr. HOLDING. Mr. Speaker, due to ObamaCare, potentially millions of
small business employees will be affected by a surge of health care
plan cancelations. The hundreds of thousands of individual cancelation
notices we saw last year were just the beginning, and there will be
more before the next open enrollment period.
Mr. Speaker, small business owners are forced to buy more expensive
comprehensive coverage, so they must find ways to offset the costs.
They will have to cut employees' and workers' hours. And employees they
can afford to keep will have restricted choices when selecting doctors
and filling prescriptions; so they might not be able to keep the doctor
they like, and if they can, it likely will be more expensive.
Mr. Speaker, small businesses create jobs and grow our economy.
Around 40 million people have health insurance through their small
business employer, and for them, the next wave of ObamaCare
cancelations could be catastrophic.
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