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February 24, 2014 12:00 AM

Premiums may rise for 11 million small business employees: CMS

Associated Press
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    The new healthcare law may raise insurance premiums for 11 million small business employees and lower rates for 6 million others.

    That's an estimate from a report by the CMS, part of the Department of Health and Human Services.

    The report says higher rates are partly due to the law's requirement that premiums can no longer be based on a person's age. That has sent premiums higher for younger workers, and lower for older ones.

    The estimate is far from certain, partly because many small businesses renewed their policies in 2013. Renewing before the end of the year allowed them to avoid higher premiums that went into effect Jan. 1, when coverage was required to conform to the law.

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        • Diversity in Healthcare
          • - Luminaries
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          • - Luminaries
          • - Top 25 Women Leaders
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        • ESG: The Implementation Imperative Summit
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      • Virtual Briefings
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        • - Value Based Care
        • - Hospital at Home
        • - Workplace of the Future
        • - Digital Health
        • - Future of Staffing
        • - Hospital of the Future (Fall)
      • Webinars
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      • Podcast - Beyond the Byline
      • Sponsored Podcast - Healthcare Insider
      • Video Series - The Check Up
      • Sponsored Video Series - One on One
    • Data Center
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      • Hospital Financials
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