"$15/hr will kill small businesses" is this true?

[ecstatic]

59. Depends on the industry

For example, Medicaid would need to increase or double their provider reimbursement rates to make up for the change. Concrete example: In one of the home care waiver programs in Georgia, home healthcare providers who administer personal support services are reimbursed at 17.96/ hour. On average, patients receiving care under this waiver receive at least 56 hours per week. If only 1 person is assigned to the case due to a family's preference for only one person entering their home, we're now talking an overtime rate of $22.50/hour which is almost $5.00/hr more than what the provider is being paid. When you add in the other considerations like insurance, workers comp, etc, it becomes an unsustainable situation pretty quickly.

That being said, I assume that Congress and Biden's administration are being proactive in addressing this situation prior to implementing the changes. I hope.