Small businesses could face financial hardship because of the Affordable Care Act

Business Insurance

January 1, 2014 is when the majority of the regulations that make up the Obama administration’s landmark health care reform bill known as the Affordable Care Act go into effect. President Obama enacted the ACA as a way to insure that all Americans would receive health care coverage that’s both affordable and comprehensive. In addition to putting health insurance within the grasp of many Americans, the new regulations bar insurance companies from denying coverage to anyone seeking it, or charging more because of age, gender, or medical history. Without a…

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North Carolina’s health insurance exchange hits a bump in the road

North Carolina’s efforts to establish a health insurance exchange program may have come to a halt. The State House and Human Services Committee ruled this week to make changes to a proposal that would have set up the exchange, prompted by the results of an oversight panel that showed that business interests far outweighed those of consumers. The stalling of the plan has put many on edge, baffled at how businesses could be considered more important that consumers. Health insurance exchanges are a provision of the Affordable Care Act, passed…

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