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Health care law confuses, angers some small businesses

Business Management

Owners, including landscaping company leader Marty Grunder, are left in the dark when it comes to the new law. Grunder says he has no idea what the new law means for his company.

ABC News | September 24, 2010

Small business owner Marty Grunder has seen his health insurance costs jump up by 28 percent over the last year.

Grunder says his annual cost has jumped from about $110,000 to $140,000, even though he downgraded the plans and asked his employees to contribute.

"I'm worried because I don't know what's coming," he said.

The Ohio businessman is frustrated by the new health care law, which he feels is putting more constraints on his landscaping company, which has 20 full-time employees.

"During these times when entrepreneurs are so scared and they're adverse to risk right now, which is not good for anyone, you throw another body blow like that and it doesn't do good mentally," he said. "They're afraid to put money back into their business because they're wondering what else is coming."

Most importantly, Grunder, who is also a professional speaker, says he has no idea what the new health care law really means for his company.

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