Small Business and the Health Care Law

The new health care law certainly has been controversial, but its effect on small business is less certain.  A recent article in QSR magazine discusses possible effects and provides a timeline illustrating when various provisions and obligations will take effect.  The article is titled The Real Way Health Care Reform Affects You.

For small businesses with 50 or more employees, particularly businesses where many of the employees salaries are close to the minimum wage the impact of the new law is likely to be significant.  The article does not recommend taking drastic action now, but watch for developments and evaluate plans for how to comply with the new law cost effectively.

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