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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California health insurance exchange for small businesses taken down

California health insurance

The SHOP marketplace in the state is now no longer available for businesses shopping for coverage. The most populous state in the country has now decided to take down the California health insurance exchange that was meant for small businesses, likely only temporarily, only four months after it had opened its doors in the first place. This could be seen as yet another blow to the health care reform law for keeping costs down for employers. Officials in the state revealed that they would be suspending enrollments occurring online through…

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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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Health insurance exchange for small businesses to be delayed

Health insurance for small business health care costs

Though promised by the healthcare reforms, it looks like there may be another year to wait. Employees of small businesses may need to wait an extra year before they will be able to take advantage of the health insurance exchange that was promised to companies of that size, as the Obama administration has announced a delay in the implementation of an important provision to the Affordable Care Act. These workers were supposed to have access to coverage through the marketplace as of January 2014. This would have applied to small…

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Partnership Launches First-of-its-Kind Website to Help California Businesses

California’s leading business organizations announced that they have joined together to launch a first-its-kind business-oriented website aimed at providing accurate and easy to understand information about the Patient Protection and Affordable Care Act. The Health Law Guide for Business, tailored specifically for the business community, will help business owners navigate through all 2,409 pages of the health care law with one simple website www.healthlawguideforbusiness.org. “The Health Law Guide for Business is a practical and fact driven website that houses the most current information regarding the new health care law. It…

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