Small Businesses, Too, Are Getting Insurance Cancellation Notices
Some small businesses are getting notice of insurance policy cancellations, just like their individual coverage counterparts. Other small business owners continue to wait to learn what options will be available to them through the law's online marketplaces.
Marketplace: Now Small Businesses Are Receiving Health Insurance Cancellation Notices
In Arizona, Drs. Courtney and Matthew Dunn own DunnOrthodontics in central Phoenix. It's a small but profitable practice, which they've had for about seven years. They don't have to offer health insurance, but Matthew Dunn says, they choose to. On Tuesday, the Dunns received a letter from their health insurer, Humana. It informed them that they would not be able to continue with their current medical plan in 2014, as it did not meet all of the ACA requirements (Heppermann, 11/7).
The Washington Post: Health Care Law's Exchange Problems Leave Small-Business Owners In A Difficult Position
David Glazier and Jody Manor each own small businesses in Old Town Alexandria, just outside the nation's capital, and in the months leading up to the launch of the federal government's new health insurance exchange, both were eager to see what kind of savings they could find on the new marketplaces. It has now been six weeks since the exchange opened for business — but for Glazier, Manor and many other small employers, the wait continues (Harrison, 11/7).