The Greater Wilmington Business Journal has the story of local employers and medical providers reacting to the prospect of Congress passing a final ObamaCare bill this month. Some small-business execs are particularly worried:

“In the bill, [business owners] are extremely concerned about the employer mandate that requires employers to provide healthcare for full-time and part-time employees,” said Gregg Thompson, North Carolina director of the National Federation of Independent Business (NFIB). Employers are concerned about the cost of insuring all of their workers and how they will pay for it. Business owners with payrolls exceeding $500,000 would be required to offer their workers health insurance or face fines up to 8 percent of their payroll. “What I’m hearing, is that if they do that, I’ll reduce my workforce, which feeds unemployment,” Thompson said about the response he’s hearing from independent business owners.

For Wilmington businesses that hire seasonal workers for the peak summer months, insuring these part-time workers could be a burden that may break the bank. “The mandated part-time employee insurance is what the tourism members [of the NFIB] are really concerned about,” he said.

Of course, some rent-seeking insurers and providers are hoping to gain from the bill’s new mandates and regulations. Check out this and this for more info.

. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.