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High Costs Prompt Small Employers to Move Away From Obamacare

Aug. 4, 2021, 8:27 PM

Rising health insurance costs are leading many more small employers to shift away from Affordable Care Act coverage for their workers, according to a study released Wednesday on the impact of Covid-19 and recent policy changes on small business.

Small employers are exploring plans that are exempt from ACA requirements, such as level-funded plans in which employers pay most claims and use insurance plans as backups for large bills, according to the report from Georgetown University and the Urban Institute.

The small group market for businesses with 50 or fewer employees has remained stable despite pandemic disruptions, the report found. ...

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