New Small Businesses See Health Law Help In Clearing Major Expense Hurdle
Some new small businesses see the health law's insurance marketplaces as a way past one of the major expenses in starting a business -- providing health care coverage for their employees. In the meantime, some companies prepare to ask workers to share more of the cost of their health care coverage.
The New York Times: In The Health Law, An Open Door For Entrepreneurs
In the weeks since the health insurance marketplaces of the Affordable Care Act went online, a well-publicized ripple of alarm and confusion has permeated the ranks of small-business owners. But less well known is the response of another contingent: newcomers to entrepreneurship who see the legislation as a solution to the often insurmountable expense of getting health insurance. Some even view the Affordable Care Act itself as a business opportunity (Martin, 11/23).
The Wall Street Journal: Companies Prepare To Pass More Health Costs To Workers
Companies are bracing for an influx of participants in their insurance plans due to the health-care overhaul, adding to pressure to shift more of the cost of coverage to employees. Many employers are betting that the Affordable Care Act's requirement that all Americans have health insurance starting in 2014 will bring more people into their plans who have previously opted out (Francis, 11/24).