While health insurance exchanges for individuals seem to be in the news almost daily, very little attention is paid to the other Obamacare marketplaces that more directly impact small business.
These SHOP - or Small Business Health Options Programs - exchanges have been plagued with even more problems and delays than the October 2013 roll-out of the individual exchanges, and small business owners are paying the price.
"SHOP exchanges are important because the only way to access the temporary small business tax credit is by enrolling in a SHOP exchange plan," says Kevin Kuhlman, NFIB Manager of Legislative Affairs.
But because of the limited options available on the exchanges, many small businesses renewed their current health plan early or chose to use private health insurance exchanges. This has at least delayed the cost increases employers will bear under Obamacare, but has denied these small businesses the offsetting tax credit.
NFIB Healthcare Minute is an NFIB web video series that answers small business owners' questions about the Affordable Care Act and other healthcare issues.