SBA Poll: Impact of Obamacare

The Question:
Obamacare will be in force January 1, 2014, and Healthcare.gov is now active - do you know how this law will impact you?

3% - We’ve used the website successfully and Obamacare will be better for us.

30% - We’ve discovered that Obamacare won’t be a better alternative than what we have.

13%- We tried to use the website but were not able to finish and discover the impact.

54% - We haven’t used the website yet and won’t until absolutely necessary.

My Comments:
As you can see, three and a half years after Obamacare became law, and three weeks after the much-anticipated launch of the website, Healthcare.gov, only a third of our small business respondents know how Obamacare will impact them. But 97% of our audience either doesn’t like what they found, still don’t know, or are resisting participating until the last minute.

It’s difficult to imagine how a law that becomes increasingly unpopular the more that’s know about it can survive. The only thing the broken website has done is prevent millions of people from discovering just how much this law is going to increase their insurance costs and decrease their coverage.

The specter of Obamacare has cast a pall over the economy since 2010, and now we’re learning that our fears were warranted. Let’s call it like it is: Obamacare is a bad law. It’s bad for America in general and it’s bad for small business specifically.

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