Business Organizations React to Supreme Court Ruling
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Here’s a sample of coverage, analysis, and reaction to today’s Supreme Court ruling on the Patient Protection and Affordable Care (PPACA).
While we respect the Court's decision, today’s Supreme Court ruling does not change the reality that the health care law is fundamentally flawed. Left unchanged, it will cost many Americans their employer-based health insurance, undermine job creation, and raise health care costs for all.
Under PPACA, small-business owners are going to face an onslaught of taxes and mandates, resulting in job loss and closed businesses. We will continue to fight for the repeal of PPACA in the halls of Congress; only with PPACA’s full repeal will Congress have the ability to go back to the drawing board to craft real reform that makes reducing costs a number one priority.
From the day it was passed, the Affordable Care Act did nothing to bring down health care costs, and it is essential that Congress repeal the law and replace it with reform that benefits manufacturers and their employees.
As CEOs whose companies provide health care coverage to nearly 40 million Americans, we stand ready to work with Congress and the White House. Meanwhile, Business Roundtable member companies will continue to provide employer-sponsored health insurance coverage to their employees and families.
Although the Court upheld the law’s constitutionality, many problems remain: it penalizes employers too much; it doesn’t do enough to reduce the cost of health care; and it is unreasonably complicated and difficult to implement and administer.
While it may have been ruled constitutional, the law is unworkable, unaffordable and wrong for our country's small business owners.
By upholding the law, 3.2 million jobs at franchise businesses continue to be put at risk due to the employer mandate provision, which forces franchise employers with more than 50 full-time equivalent employees to pay penalties, thereby discouraging and disincentivizing the creation of new jobs.