Businesses Subject to Affordable Care Act Fines Starting in 2015

November 21, 2014

For businesses across Michigan and the country, the Obama administration's one-year reprieve from financial penalties under the national health care law is nearing an end, forcing some employers to choose between buying coverage for employees or paying fines.

At the same time, some small businesses that already offer health insurance are facing big price hikes next year as Blue Cross Blue Shield of Michigan — the largest carrier in the state — has stopped allowing businesses to renew policies that aren't compliant with the Affordable Care Act. In their place it is offering more comprehensive, but pricier, insurance policies.

View this full article on the Michigan Chamber’s Insurance website and find other up-to-date information related to what’s happening with Health Care Reform (Affordable Care Act) and other health care related topics.

The Michigan Chamber works with hundreds of Michigan business owners, both small and large, to navigate the ever-changing landscape of health care, and implement long-term employee benefit solutions tailored to each clients' needs.