Report highlights the problems of the small business health insurance exchange network

Health insurance for small business health care costs

GAO report shows that enrollment in SHOP is not meeting expectations The U.S. Government Accountability Office has released a new report concerning enrollment in the federal Small Business Health Options Program (SHOP). The program is meant to serve as a health insurance exchange catering specifically to small businesses. In most cases, these businesses are required to offer their employees insurance coverage due to the provisions of the Affordable Care Act, but these companies cannot find coverage through conventional insurance exchanges. SHOP was designed to address this issue. Only 12,000 health…

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Health insurance exchange for small businesses is coming

health insurance for small business

Small businesses will have to comply with insurance provisions this year This year, small businesses in the U.S. will have to comply with the insurance mandate provisions of the Affordable Care Act. The federal law requires employers to provide their workers with insurance coverage, but businesses with less than 50 full-time employees had been exempt from this provision for some time. The federal government had opted to exempt small businesses from the insurance mandate in order to provide them with more time to prepare themselves for the financial implications of…

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Educational Forum on California’s Small Business

Small business advocates educate California stakeholders about insurance exchanges, the most important component of healthcare reform for small businesses. Health insurance exchanges, a provision of national healthcare reform intended to give small businesses and individuals access to high-quality insurance at affordable costs, are the most critical component of reform for small businesses. If these exchanges are not implemented properly, small businesses won’t reap the rewards a successful exchange can provide: good insurance at low costs. Small Business Majority and other experts, including the health policy director of New York’s successful…

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