Just one more reason why Obamacare Hurts Small Business

Business groups that opposed health care reform like it even less now that new regulations have been issued governing whether existing insurance plans will be exempt from new coverage requirements.
Under the new regulations, employers will be able to keep their current plans as long as they don’t significantly cut benefits, raise co-insurance charges or increase co-payments by more than $5. Further, plans also will lose their “grandfathered” status if deductibles are raised significantly or if employers reduce their contribution to employees’ premiums by more than 5 percentage points.

Read more: Businesses blast new regs dictating worker coverage - Boston Business Journal

       The government has already extended cobra benefits twice putting the bulk of the premium on the business and countering with a tax credit at the end of the year.   Some say that industry production is on the rise.  This may be true for the large companies, but with the shrinking profit margins and jobs quoted and contracted for being withdrawn, small companies are still struggling to stay out of bankruptcy court.  Those that are showing a profit are doing so with a much smaller crew and traveling many more miles to do so.