Wednesday, April 3, 2013

Small business insurance market from health law delayed a year

By Bloomberg News Service


Small business employees will have to wait a year before they can choose their own medical plans after the Obama administration delayed a part of the 2010 Patient Protection and Affordable Care Act intended to provide them with coverage options.

Starting in 2014, workers at companies with fewer than 100 employees were supposed to have been able to choose from a variety of health plans through new small business insurance marketplaces. They’ll instead wait until at least 2015, according to regulations released by the U.S. Department of Health and Human Services. 

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