One casualty of the new health care law may be paid coverage for families of people who work for small businesses.
Insurance companies have already warned small business customers that premiums could rise 20 percent or more in 2014 under the Affordable Care Act. That’s making some owners consider not paying for coverage for workers’ families, even though insurance is a benefit that helps companies attract and retain top talent. If more small business owners decide to stop paying for family coverage, it will accelerate a trend that started as the cost of health insurance soared in recent years.
For daily updates on the reality of ObamaCare, follow the blogging by Katherine Restrepo, JLF’s health and human services policy analyst.