What To Do About Health Insurance Now
Many small businesses struggle to provide health coverage for their staff. If you are one of these businesses and feel caught between a rock and a hard place, there are good reasons. According to a report, premiums are going up in 2011 by 9 percent for all employers (higher for smaller employers), but new health care regulations say you can't do much about it. Here's the dilemma: Under the Patient Protection and Affordable Care Act ("Health care reform"), policies will soon have to provide certain types of coverage and meet other standards that will substantially raise costs unless they are "Grandfathered." Interim final regulations detail what "Grandfathering" means, and these regulations aren't kind to small businesses.