Friday, August 29, 2014

Only Two Percent of Small Businesses Have Checked Out Obamacare's Small Business Exchanges

As well as health insurance exchanges for individuals, which have suffered much criticism for their failings, Obamacare created exchanges especially for small businesses: Small Business Health Options Program (SHOP).

SHOP is a bigger failure than the exchanges for individuals. SHOPs were supposed to open up nationwide on October 1, 2013, alongside those exchanges. However, the deadline was deferred, and only 15 states currently have SHOPs.

And they are a complete bust. Only two percent of eligible small businesses have “checked out” SHOPs, and few of them have enrolled.

Read the entire column at NCPA's Health Policy Blog.

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