The Obama administration sold the Affordable Care Act as a boon to small businesses and the 59 million Americans they employ. It hasn’t worked out that way.
The ACA outlawed basic insurance plans and required businesses with 50 or more full-time workers to provide gold-plated coverage most didn’t need. Almost immediately, companies began restructuring payrolls, converting full-time employees to part-time. Some took away insurance from workers who were previously covered. Walmart , for example, discontinued health care for 30,000 employees because of ObamaCare.
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