Limited Options May Spur Businesses To Avoid Obamacare
One-size-fits-all doesn't
Small businesses were no great fans of Obamacare—but at least they liked the promise of the health exchanges. Now, some of the benefits might not appear for at least a year.
By 2014, two kinds of health exchanges are scheduled to be up and running: One for individuals and one for small businesses.
Under the Small Business Health Options Program, business owners would choose a level of coverage, and their workers could pick among competing plans that qualify.
Under a new proposal from federal regulators, each business owner would still have their pick of insurance from several providers. But businesses would be limited to choosing a single plan to cover all their employees. An expansion of more options would not come until at least 2015.