The one thing most entrepreneurs can agree they want from their government is to support their risk-taking rather than put up roadblocks. The current Obamacare fight puts business owners in a tough spot. The ACA enrollment season just ended on Friday, and entrepreneurs must make decisions about health care for themselves and their employees in an atmosphere of uncertainty and with mainstays of Obamacare under continued threat. The tax reform plan still being finalized by Congress is expected to include a repeal of the ACA’s individual mandate. “We talk about the entrepreneurial spirit and formation of new businesses being at the core of our resilience and strength as an economy,” said Dave Yeske, CFP, managing director of Yeske Buie. “That entails people being unconstrained by other considerations, like not being able to give up their big-company health coverage.” President Donald Trump already cut off cost-sharing reduction payments that help offset out-of-pocket health insurance costs, such as co-payments and deductibles, for low-income Americans covered under the ACA. He also slashed the advertising and support budget for the ACA open-enrollment season by 90 percent, which health-care experts say could result in a lower enrollment total than last year and serve as another… Read full this story
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