Austin's Morning Show
Some Small-Business Employees to Have Only One Health-Plan Choice
Small employers in 18 states will offer only one health plan to workers when the Affordable Care Act's small-business exchanges open this fall, federal officials said Tuesday.
The 2010 law called for new online insurance marketplaces, which were supposed to open last year, for small businesses to pick group plans to cover workers. But those exchanges were delayed a year, and federal officials say they will lack some functions when they open in November.
The federal health law also called for employees at small businesses to be able to choose from a range of plans on the exchanges. Federal regulators said they were allowing states to restrict employees to the plan designated by their employer to avoid the risk of premium increases.