small business health insurance

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The Trump administration is rolling out new options for small employers to use tax-free accounts for providing health coverage to workers, officials said Monday.

It's crunch time for thousands of small business owners who must comply with requirements of the health care law for the first time.

President Barack Obama has signed legislation aimed at preventing premium increases that some smaller businesses were expecting next year under his signature health care law.

Businesses See Alternatives, Drop Coverage

Dec 16, 2014

For two decades Atlanta restaurant owner Jim Dunn offered a group health plan to his managers and helped pay for it. That ended Dec. 1, after the Affordable Care Act made him an offer he couldn’t refuse.

Health-law subsidies for workers to buy their own coverage combined with years of rising costs in the company plan made dropping the plan an obvious – though not easy – choice.

Mary Shedden/WUSF

Brooke and Andrew Lee can't imagine being without health insurance.

So for the past seven years, that's meant digging deep into the earnings of their video production agency in St. Petersburg. It’s expensive, but Brooke Lee says the alternative is worse.

“Even though costs are high, I’ve just always been somebody who has health care. And I would be really nervous… for the unknowns to happen, some major accident or health problem that would put us out of business and pretty much ruin everything we’ve worked so hard on if we didn’t have health insurance,” she said.