Study: Small Business Owners Support Obamacare

Throughout his campaign, Mitt Romney has continued to claim that the Affordable Care Act hurts small businesses. But a new study on small businesses contradicts Romney’s claims. Conducted by a business advocacy group, Small Business Majority, an opinion poll surveyed 800 businesses owners across the country. And the results show that over half of the respondents – who were all small business owners – strongly support the law.

Key findings from the study indicated that 50 percent of small business owners want the health care reform law to be upheld by the Supreme Court, in its entirety or with just minor changes. Only one-third of the respondents wanted the Supreme Court to overturn the law. However, after learning more about the law’s details, support for keeping the law intact grew to 56 percent.

John Arensmeyer, founder and CEO of Small Business Majority, said the results show that small business owners view Obamacare as a positive move for their businesses:

Contrary to popular belief, small business owners do not want the high court to throw out the Affordable Care Act. They see this law as helping everyone have coverage and bringing down healthcare costs—something that has been one of their top concerns for years. We hope Supreme Court justices understand how important this law is to small businesses who need relief from high healthcare costs.

Polling also indicated that the respondents heavily support the key provisions of health care reform. Seventy-eight percent back prohibiting insurers from denying coverage based on preexisting conditions and nearly 70 percent also want to prevent insurance companies from basing rates on health status. In addition, a vast majority favor allowing young adults up to age 26 to stay on their parents’ plans.

Angela Guo