“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 chose 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.”