Harms small business
Commentary
The Great Regulation Charade
Cry Wolf Quotes
Serves to drive independent contractors out of business and inhibit the ability of small business to survive by making the business liable for actions of a contractor. Small business and contractors who become small businesses are taking up the slack from corporate downsizing and contribute greatly to the prosperity of the state.
A public plan would be unfairly matched against private plans and according to a 2009 Lewin Group Study, if the public plan’s reimbursement rates are similar to Medicare, an estimated 119 million people will shift from private insurance to the public plan. Within years, private insurers could be driven out of business and a “Single Payer System” will evolve. Moreover, an improperly constructed employer mandate could have a devastating impact on main street businesses that would be saddled with a significant economic burden.
Everyone is affected by its [OSHA’s] pervasive coverage, orientation toward imposing penalties and its incredibly complex regulations and standards.…However, OSHA standards are complex and often require expert interpretation. For smaller businesses, the cost of deciphering which regulations apply to them and then determining if they conform can be excessive.
Small businesses can and do fail because of this. There is a cost, both in dollars and in disruption. The cost in dollars is the cost of a temporary worker for which the company pays a premium, the training of a replacement worker and the overtime paid to remaining workers who help fill in for that absent employee.
