Wednesday, December 18, 2013

Obama's attack on small business----Next Obamacare crisis: Small-business costs?

Next Obamacare crisis: Small-business costs? - David Nather - POLITICO.com
Here’s why: Next year, small-business health plans — generally those that cover fewer than 100 workers — will have to comply with a wide range of new rules, particularly the ones that say employees can’t be charged more if they have health problems. 
Their premiums will vary based only on their age, whether they have individual or family coverage, what part of the country they live in, and whether they use tobacco — and older workers won’t be able to be charged more than three times as much as younger ones.

Those changes will be helpful to small businesses with older workers and employees with health problems, but they also mean that small firms with younger, healthier workers will have to pay more than they used to.
The new small-business plans will also have to cover the same set of minimum benefits that individual health plans will have to provide, including pediatric care and mental health and substance abuse services.
“If you can’t use health [to set premiums] anymore, some people will move down and other people will move up,” said Gary Claxton, director of the Health Care Marketplace Project at the Kaiser Family Foundation. “If you’re a group of three 21-year-old men, you’ll pay more, because a group of three 64-year-olds somewhere else will be paying less.”

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