Owners now have more time to prepare for the rising cost of health insurance.
NFIB is trying to chip away at the onus of the Affordable Care Act for small business owners in every way possible. That’s why NFIB helped pass a law in California that gives business owners an extra year to prepare for the costs of adopting a health insurance plan that complies with federal law.
NFIB members and other business owners in California now have until Dec. 31, 2015, to renew non-qualified plans for another year, taking advantage of Pres. Barack Obama’s concession of up to three years before Affordable Care Act requirements kick in. Unions opposed NFIB’s proposal for the California Legislature to delay it for the full three years.