Ravi
Diamond Member
If the entire law is overturned: Small businesses will be back where they started in 2009. There will be no federally-required exchanges offering affordable coverage, although some states may continue to develop such exchanges. The restrictions on premiums and medical loss ratios have already helped small employers to hold down increases in coverage costs, but without those brakes, such costs may rapidly increase.
Small businesses would also lose the tax credits under the ACA. A few large carriers have announced they will voluntarily keep some of the more popular (but less costly) reforms, including dependent coverage until age 26, full coverage of preventive services and elimination of lifetime caps. However, without community rating and guaranteed issue, premiums will continue to soar.
And dont forget that private insurance would continue to subsidize the cost of treating the uninsured that cannot be legally turned away from emergency rooms.
What small business owners should know about each possible Supreme Court health-care ruling - The Washington Post
Small businesses would also lose the tax credits under the ACA. A few large carriers have announced they will voluntarily keep some of the more popular (but less costly) reforms, including dependent coverage until age 26, full coverage of preventive services and elimination of lifetime caps. However, without community rating and guaranteed issue, premiums will continue to soar.
And dont forget that private insurance would continue to subsidize the cost of treating the uninsured that cannot be legally turned away from emergency rooms.
What small business owners should know about each possible Supreme Court health-care ruling - The Washington Post