Business Owners Anxious About Affordable Care Act Decision

Business owners on Monday said that they were anxious about the pending U.S. Supreme Court health care decision. 

Justices are expected to issue their final opinions of the session on Thursday. Justices could keep parts of the Affordable Care Law while striking down the rest, Consumer 10’s Kurt Ludlow reported.

Jonathan Frazier, owner of Bicycle One, located on Mill Street in Gahanna, said that his business has been around for 37 years.

The father of two said that he offers all four of his fulltime employees health benefits.

“I’ve got two kids, so having those benefits is a big help for us and our financial situations as well as our health care,” Frazier said.

Frazier said that he was unsure how the Justices’ decision about the Affordable Care Act would affect his business.

“It’s really hard to figure out what is going to impact us – the real small business owners,” Frazier said.

More than 40 parts of the law have already taken effect, including allowing young adults to remain on their parents’ health care policies until they are 26.

Colin Russo said that he has taken advantage of the law.

“When I left my other job, it was kind of like, ‘OK, I need to go back on your health care again,’” Russo said.

Russo said he went back on his mother’s insurance plan while starting Colin Russo Digital Strategies to help other companies in the digital age, Ludlow reported.

Russo, an asthmatic, said that the option was a lifesaver.

In the past, insurance companies could drop him for his pre-existing condition, something that is illegal with under the Affordable Care Act.

Republicans argue that the law drives up the cost of health care and makes it harder for small businesses to hire employees. Democrats say that the law provides health insurance to millions of people without insurance.

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