ACA Grandmothered Plans — What it all Means to a Small Business
Obamacare was promoted to the approximately 5.8 million small business owners in the U.S. as a mandate which would not apply to them, nor result in a penalty if they chose not to offer health insurance to employees. Unfortunately, for those same small business employers who previously offered health insurance coverage as part of an employee’s total compensation package there is no place to hide. Premiums are skyrocketing.
Facing this new reality, I set out to learn what a small business owner can do now to reduce their 2015 health insurance premiums. With the assistance of your health insurance broker and other professional advisors, you may want to consider the following four ways, including the new ACA Grandmothered Plans, to reduce 2015 small group premiums. Read more…
Holly also founded ExitPromise.com and to date has answered more than 2,000 questions asked by business owners about starting, growing and selling a business.