This Virginia Small Business Owner May No Longer Provide HealthCare to His Employees Because of ObamaCare

A Virginia small business is facing up to a 40 percent increase in the company’s health insurance plan thanks to ObamaCare. Now the company’s owner and founder, Winstar Nelligan, says that because of this premium hike, he might not be able to provide his 25 employees with quality healthcare.

Nelligan told local news station WSET-VA that his employees are “confused and nervous” about ObamaCare’s effect on their company plans.

ObamaCare is a nightmare for small businesses across the country. Millions of American workers are now at risk of losing their employer-provided their healthcare.

From Washington Free Beacon:

A small business owner in Virginia faces a 40 percent increase in his company’s health insurance plan.

They’ve tried putting the premium hike off as long as possible and extending their current plan early. Their insurance policy will expire in December.

When their health insurance plan changes to follow new premium rating requirements under Obamacare , they expect their insurance costs will skyrocket by 20 percent to 40 percent.

“A forty percent increase in our health insurance may mean that we don’t provide health insurance anymore, that everybody [Nelligan Insulation employees] would be on their own. They may have to go to the exchange and get health insurance on their own,” Nelligan told WSET.