Insurers are beginning to reveal the rates they expect to charge under the Affordable Care Act, and in some instances, they’re looking at premium increases in the double digits. In California, United Healthcare’s small business policyholders are facing a 4.9 percent increase on the costs of their California health insurance plans. For small business owners in general, it’s an incredibly volatile time. The uncertainty about the costs of providing healthcare to employees is deterring hiring and expansion. At this point, there’s still not enough information yet for small business owners to make big moves unless they absolutely have to.
That’s why it’s so important for small business owners to find an insurance agent, provider, and plan that they can count on. Details are coming out about the changes in healthcare costs, but they’re slow. Fortunately, there are plans like BeneFits available from Blue Cross of California. While you can’t be sure of what’s to come, there are plenty of reasons to like this small business insurance policy from Anthem Blue Cross, from included wellness programs to increased flexibility. Other than proactively looking for quality plans, the only cure for future uncertainty about healthcare costs is time.