October 1, 2013
With state health insurance exchanges now open for business, President Obama’s health-care law has officially kicked off. But for much of the business community, that hasn’t meant an end to the confusion.
Franchisees are among the many business owners trying to make sense of the new law, freezing expansion and cutting back on full-time employees as they fear increased costs will impact their bottom lines.
In a new survey by the International Franchise Association, nearly 18 percent of franchisees ranked the Affordable Care Act as their top concern. The IFA reported that 92 percent of franchisees believe that the Affordable Care Act will increase the cost of their business operations.