(July 3, 2012)
Companies that have more than 100 employees, and smaller businesses with 50 or less, will feel the effects of ObamaCare differently. But both groups stand to benefit, and most are looking forward to those changes.
Even before the Supreme Court's decision was rendered, health officials in California were hard at work developing the health insurance marketplace currently known as the California Exchange. Bud Martin, Senior Vice President with Well Fargo Insurance Services in Petaluma, says there are still a lot of details to be finalized, but the concept should work.
One of the biggest obstacles to implementing the Affordable Care Act in California, Martin adds, will be getting all of the participants to be able to efficiently share information with each other.
Echoing what business leaders across the country have said, Cynthia Murray of the North Bay Leadership Council says her members are relieved to have a greater measure of certainty regarding how they deal with providing health insurance for their workforces. For many, she adds, the lingering unknowns were proving to be a real hardship.