Some Small Businesses May Continue To Offer Employees Coverage Even If Requirement Is Repealed
Despite initial qualms about the employer requirements in the health law, some say they plan to keep it because it makes them more competitive when hiring.
The Wall Street Journal:
Small Businesses Change Tune On Health-Insurance Coverage
When Congress enacted the Affordable Care Act in 2010, some small firms worried that the cost of covering their workers would drive them out of business. But many of them now say they plan to keep offering health-insurance coverage, even if the requirement that they do so is eliminated. Some entrepreneurs have changed their tune after realizing that the benefit helps them attract and retain workers in a tight labor market, while others say that complying with the requirement to offer health insurance coverage to certain employees hasn’t been the financial strain they feared—in part because fewer workers than expected signed up. (Simon, 2/15)