Small businesses providing more health insurance

More Small Businesses Offering Health Care To Employees Thanks To Obamacare – Rick Ungar – The Policy Page – Forbes
[Via Forbes]

The first statistics are coming in and, to the surprise of a great many, Obamacare might just be working to bring health care to working Americans precisely as promised.

The major health insurance companies around the country are reporting a significant increase in small businesses offering health care benefits to their employees.

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Instead of hurting small businesses, the new health insurance legislation is actually causing small businesses to voluntarily get health insurance. This is in direct contradiction to what many critics said would happen.

Some insurers are finding there small business enrollees increasing 58% in plans mandated by the new law. But the mandates do not take affect for several more years. They are doing this because it makes sense financially.

Many have never offered insurance at all.

More people covered by health insurance was a major objective of the legislation. Looks like that is already happening in some areas, before all the aspects of the law take affect.

2 thoughts on “Small businesses providing more health insurance

    1. Hard to know right now because all the data are not in. And getting good numbers on the amount employed by small businesses is tricky to get. As a group, they open and close very quickly, making employment surveys harder to conduct.

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