An 85 percent price hike for group health insurance premiums is hurting small business owners in California. Santa Cruz businesses anticipated a 10 to 12 percent rate increase from the Affordable Care Act (ACA), hoping that prices would drop as more people obtained health coverage; however, the prediction was far from actuality. Additionally, roughly 70 percent of small businesses in California offering employee health insurance have to switch because their plans will not be available. You can read more here.
Last Updated on May 7, 2020 by Aimed Alliance
