The issue of affordable health insurance is often on the minds of business people, especially these days with the recent passing of the Patient Protection and Affordable Care Act. The bill contains a provision called the Small Business Health Care Tax Credit, and Sunday's AuctionBytes Update newsletter examines whether small online sellers will be able to take advantage of it.
While working on the story, I was reminded of Meg Whitman's promise to offer health insurance to eBay sellers, which she announced at her speech during the 2002 eBay Live conference. The crowd was stunned at her description of dental, vision and pharmacy coverage, but there was little enthusiasm for the plan when it launched the following year due to limitations and costs, and it quickly faded away.
The ability for sole proprietors and small businesses to join a pool for better negotiating power for healthcare is a good idea. David and I can attest to the fact that, nevertheless, rates go up every year. Although in an interesting turn of events last week, the Massachusetts Division of Insurance rejected most of the premium rates proposed by insurers for small-business plans on April 1, 2010.
source: blog.auctionbytes
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