Friday, May 15, 2020

The Affordable Care Act Bill ( Aca ) - 1442 Words

Christmas Eve 2009 marked an important date for the beginning of the Affordable Care Act Bill (ACA). It was on this day that the bill was passed through the Senate where the majority democratic party voted yes on this historically altering bill. While the main provision of the bill is to provide health care benefits for all American citizens the bill is a lot more than just that. With provisions that have nothing to do with health care reform, new taxes that will affect the businesses that have to follow the new regulations, and the questions raising the constitutionality of the bill the ACA is a very intriguing topic. Small businesses account for a large portion of job growth in America and there are fears that the ACA will squander this†¦show more content†¦While reductions can occur those that will see a reduction will only account for 35 percent of small businesses while the remaining 65 percent will see an increase (Harrison). The reason why the reduction percentage is so low compared to the increase is because in the ACA in order to be eligible for a decrease a firm has to have exceptionally sick or at-risk workers. We have already seen a change in these rates and according to the National Small Business Association premiums in 2009 was $590 per employee monthly and now in 2014 they have spiked to $1,121 per employee per month. Now while these are just numbers and the people that wrote these words do not personally own businesses you can assume that there is some bias in the words and that is why using a real time business owner would be the best way to see the impact it has had Tim Graboski has owned Tim Graboski Roofing for over 20 years and has made it through the various economic shifts in America to still be standing today as one of the best roofing companies in South Florida. Graboski spoke on a wide variety of topics on the ACA and tried to determine all aspects negatively and positively on the ACA on small business and the American people. Shortly put he found no positives. Graboski started by mentioning the burden that the ACA would put on the employer

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