Small business health insurance exchange is struggling to connect with companies

health insurance exchange

New exchange designed for small businesses is experiencing turbulence HealthCare.gov has launched its small business service, offering employers the chance to purchase health insurance plans for their workers through a federal exchange marketplace. This federal exchange was meant to be made available last year, during HealthCare.gov’s first open enrollment period, but its launch was delayed due to concerns over the financial impact mandatory insurance coverage would have on small businesses. The exchange is now available to small businesses, but reports of mild technical problems has made it difficult for some…

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Health insurance for business customers to be sold at Sam’s Club

Sam's Club health insurance exchange

At the same time that these shoppers are buying large sized containers of coffee, they may also shop for coverage. Small businesses are now beginning to make the decisions that are required of them in order to be able to comply with the Affordable Care Act, which states that employers must offer health insurance to their workers, and now Sam’s Club is going to enter into the market that sells this coverage. The Wal-Mart Stores wholesale retailer division has announced that it will start selling private plans. It will be…

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Insurance plans are being dropped by many small businesses

small business health insurance

The health care reform is making some company owners believe that they cannot afford to continue coverage. The latest wave in the health care reform appears to be a withdrawal of a number of small employers from offering insurance plans to their employees, as some have discovered that they will be facing notably higher premiums than they have previously paid. This rise in the price of health plans is causing a number of small business owners to forego coverage next year. Instead, these companies are frequently choosing to pay their…

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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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Health insurance exchange for small businesses may be delayed in New Hampshire

New Hampshire Health Insurance

Insurance Commissioner calls for a delay small business insurance marketplace New Hampshire Insurance Commissioner Roger Sevingy has recommended that the state wait to implement a health insurance exchange for small businesses. Provisions of the Affordable Care Act called for the creation of insurance exchanges for consumers and exchanges for small businesses in order to expand the availability of insurance coverage. The federal government has, however, opted to delay the enactment of provisions that focus on insurance coverage and small business in order to allow these businesses time to prepare for…

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Health insurance options limitations annoys small businesses

washington health insurance exchange

As of next year, the only state (aside from two counties) without a “SHOP” will be Washington. In 2014, other than two counties near the border of Oregon, the only state that won’t have a Small Business Health Options Program (SHOP), will be Washington, which means that the small employers across that state won’t have health insurance options that will bring them the federal tax credits that would help to keep the cost of the coverage for their workers down under the Affordable Care Act. Although the state has dozens…

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Health insurance trust formed in Indiana

Indiana insurance industry

Access to federal exchange has been restricted Federal health insurance exchanges in the U.S. were meant to offer coverage options for small groups and businesses, but this feature of the exchange initiative has been put on hold until 2015, at the earliest. The decision to postpone this aspect of federal exchanges is meant to provide the exchange network with more time to iron out the multitude of technical problems it has been having over the past month. The problem, however, is that this means many small groups and businesses that…

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