There’s been a lot of talk about the possibility of Obamacare being repealed. If incumbent president Donald Trump stays true to his word – and there’s no reason to think he won’t – then we are looking at the end of Obamacare within the coming months.

Currently, Obamacare causes a headache for small businesses. Thanks to Obamacare, businesses with 50 or more employees are now forced to provide health insurance plans. That’s very limiting for small businesses just starting out who might need eight employees to run the business, but which cannot yet afford to offer health insurance. So what’s happened is that small businesses on the “cusp” have circumvented the requirement by hiring fewer employees and suffering the consequences of being understaffed. With the repeal of Obamacare looming, however, it pays to be ready for the different scenarios that may lie ahead.

The Repeal Has Already Begun

First off, small business owners need to know that the repeal of Obama care has already begun. In a House of Representatives vote, the majority of representatives voted to begin the process of dismantling the debacle of Obamacare. The first step was to instruct appropriate committees to start coming up with alternatives to the Obamacare “plan.” The vote was approved 227-198. So there is no more need for speculation about whether the repeal is going to happen. That’s already been decided and small business owners need to prepare for changes.

Donald Trump is Pro-Business Owners

The second thing to know is that Donald Trump is inherently supportive of business owners. He’s a capitalist, so whether you voted for him or not, you can rely on his commitment to supporting small business owners and their right to remain in business without being cut down for the sake of paying more taxes – whether that tax is hidden in Obamacare or somewhere else. Small business owners have never been in more stable and loyal hands than under Donald Trump’s leadership. Learn more here.

All Sizes Must Be Covered

According to some political pundits, the repeal of Obamacare may mean that small businesses of all sizes – from 1 through 49 and beyond – will be mandated to provide some sort of small business health insurance coverage for employees. This could mean a new burden on small business owners that needs to be financially budgeted for.

The Coverage Requirements Might Vary

Of course, it isn’t in Trump’s interests or agenda to put hardworking small business owners out of business. After all, making America great again includes providing affordable health care to employees and owners of startups and bootstrap companies. So while health care for small business might be mandated, it might come in a reasonable, manageable package that small business owners can handle, such as subsidized coverage or supplemental coverage. In fact, the amount of small business coverage might even be scaled to fit their ability to help, based on income and revenue.

Insurance Premiums May Drop

In the new competitive insurance environment, premiums may drop considerably. This is the scenario that Republicans are envisioning. One where insurance companies are forced to compete with one another, opening up the marketplace for cheaper, more affordable insurance options both for individuals and for the small business owners that must provide them. It’s a win-win scenario if it works out according to plan.


SHOP May Disappear (Small Business Health Options)

The Small Business Health Options Program  – also called SHOP – may go away under Trump’s regime. This was a program that gave tax credits to businesses with fewer than 25 employees, and who’s employees earn less than $25,000 per year. Of course, with all the planned small business incentives waiting in the wings, small business owners might not miss this program.

It’s important to remember that this is all speculation. Until actual plans are laid out and laws are put into place, we can only wait and see. What we do know is that Obamacare will cease to exist and something new and hopefully better will be put in its stead. The future of healthcare is in Trump’s hands and we can only hope that he’s a man of his word and that America will have a healthcare system it can be proud of.



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