North Carolina will allow small businesses to band together to offer group health insurance plans despite a recent federal court ruling blocking them.
The legislation authorizing such plans (S.B. 86) became law Aug. 26 without the approval of Gov. Roy Cooper (D), who expressed concerns about the move aimed at lowering insurance costs for small businesses and their employees. Such plans don’t have to meet all of the coverage requirements set out in the Affordable Care Act.
North Carolina’s Legislature took the action despite a federal court decision in March that blocked the U.S. Department of Labor’s rules ...
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