Accounting Customer service Hiring & human resources Legal Management Raising money Sales & marketing Selling a business Startup Technology Small & Global How We Got Started Biz Books Innovators Owner Tested Tech Edge Best Bosses Next Little Thing Startup Showdown Current Issue Archive

Health care divides small business community

Scenes from this summer's town halls, where small business owners sounded off about health care reform.

EMAIL  |   PRINT  |   SHARE  |   RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)

insurance_rx.03.jpg
New visions for fixing health care
America's health care system is expensive, inefficient, and leaves many citizens without coverage. Here's what 6 entrepreneurial companies are doing about it.

(Fortune Small Business) -- Congressional efforts to revamp the country's healthcare system have sparked a fierce debate within the small business community, pitting owners who believe that reform would curb rising healthcare costs against neighbors who fear higher taxes. All sides of the debate were on display this summer as legislators met with their constituents around the country.

"It's going to cost me more money," fretted Iowa entrepreneur Joe Butler at an August roundtable that Rep. Leonard Boswell, D-Iowa, held in Polk City, Iowa.

Butler owns an engineering consulting firm and hopes to bring his contract workers on staff within the next few months. "Until it all gets settled and I know exactly what's going to happen," he said, "I'm just kind of taking it slow."

At a meeting in Sigourney, a farming town in southeast Iowa, Esther Lorda confronted Boswell about new taxes and regulations that she had heard Congress might impose on business owners who already insure themselves and their employees. "Will you guarantee that any health plan passed by Congress will include incentives for companies to keep their private plans?" she demanded. The packed room erupted in hoots and applause.

"We don't have a final bill. I trust you know that," said Boswell, who later added that he would likely support the so-called public option: a government-run insurance plan that would compete with private insurers.

But not every small business owner was cheering. Kevee Swenka, a cattle rancher who lives nearby, said he would welcome a government-run insurance plan. Swenka explained that only two private plans are currently available to him.

"Neither one of them is any good," he said. "This gives me one more option."  To top of page

To write a note to the editor about this article, click here.

  • terrafugia.04.jpg
    Entrepreneurs have dreamed of sky cars for 80 years.  More
  • wireless_elec.04.jpg
    Wireless electricity and invisible speakers -- see what's coming in 2010.  More
  • plushpod_new.04.jpg
    These 6 businesses took advantage of crashed real estate prices to trade up. More
  • pile_money.ju.04.jpg
    Small business grants are rare, but they do exist. Here's how to find them. More
  • ann_marie.04.jpg
    These 7 entrepreneurs are bringing tech, medical research and design jobs to the Detroit metro area. More
  • credit_cards.04.jpg
    As traditional loans dry up, banks are funneling more of their small business lending through credit cards. More
  • frattini_dfd_26.04.jpg
    Arson. Scrappers. Blackouts. It's part of business for the last tenant in Detroit's Packard Plant. More



QWe've run a dinner theater for three decades. We've been operating at a loss for the last couple of years, and are unable to get a loan. We even closed for two months this summer to save money. We don't know what to do. More
Get Answer
- Kyle, Sarasota, Fla.
Sponsors
Obama's Main Street favorites President Obama meets often with small business owners, peppering his speeches with their stories. We checked in with 6 entrepreneurs touted by the President to find out how they handle health care. More
Meet the hardest working Santas This is no part-time gig for these St. Nicks. They've carved out a profession warming kids' hearts during the coldest time of year. More
An eyeblink glance at the economy Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More

© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.