Health exchange options for small businesses will be limited until 2015

By Sandhya Somashekhar
 

The Obama administration confirmed Friday that a piece of the 2010 health-care law aimed at helping small businesses provide insurance to their workers will be delayed by a year.

The office in charge of Medicaid and Medicare announced that it was on track for an Oct. 1 launch of the federal SHOP Exchange, an online marketplace where companies with fewer than 50 employees would be able to buy insurance for their workers and get a tax credit.

But employees will not be able to choose from a variety of plans, as was initially expected. They will be able to choose only one plan. The full range of options will not be available until 2015, the agency said.

Read full article here from The Washington Post