Small Business Owners Remain In The Dark
The Centers for Medicare and Medicaid Services (CMS) on Thursday, January 30, 2014, gave two updates on the Affordable Care Act’s Small Business Health Options Program (SHOP) exchange. First, the agency said they were expecting only modest enrollment on the exchange in 2014. Second, they told The Hill that though the exchange was supposed to be functional by December, the agency still doesn’t have a date for when it will be up and running.
What It Means Going Forward:According to The Hill, CMS insists “that since small businesses can still seek out coverage through an agent or broker, the disruption would be small.”
Further Reading:The Hill “Healthwatch” blog chronicles the situation and adds that “Republicans are getting antsy,” quoting Rep. Sam Graves (R-MO) extensively about his concerns for the impact on small businesses.
This news article is intended to keep small business owners apprised of current events that may affect them. It does not necessarily reflect NFIB’s policy position on such issues.