Obamacare: Will New Deadline Cause More Employers to Drop Insurance?
While some businesses with more than 50 employees were relieved to have another year to comply with the Patient Protection and Affordable Care Act, the new deadline could have an unintended effect.
Credit Union Exchange Blueprint, a Birmingham, Ala.-based private exchange for credit unions and members that provides online access to insurance carriers, said it believes the decision to extend the compliance deadline for providing health insurance coverage to employees will cause more companies to drop their group coverage and send staffers to the individual market. Read More
While some businesses with more than 50 employees were relieved to have another year to comply with the Patient Protection and Affordable Care Act, the new deadline could have an unintended effect.
Credit Union Exchange Blueprint, a Birmingham, Ala.-based private exchange for credit unions and members that provides online access to insurance carriers, said it believes the decision to extend the compliance deadline for providing health insurance coverage to employees will cause more companies to drop their group coverage and send staffers to the individual market. Read More
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