HealthCompare Urges Employees to Seek Health Insurance Coverage Beyond the Size of their Companies, in Light of New Affordable Care Act Laws
HealthCompare, a nationally recognized health insurance comparison site, urges employees to shop for health insurance coverage regardless of the size of the companies they work for.
Orange, California (PRWEB) November 05, 2012
Only half the workers in small firms are offered and eligible for health insurance, compared to larger firms, says a Commonwealth Fund report.
And HealthCompare, the nationally recognized health insurance comparison site, urges consumers to shop for policies now. With the Affordable Care Act closing in, many businesses are scrambling to get coverage for their employees. But not all will qualify.
The number of businesses with 50 or fewer employees that are offering health insurance coverage is down 9% since 2010. But with the new laws possibly going into place in the next year, that may change.
Typically larger firms used to carry coverage for their employees, since the turn of the millennium, that has changed. Coverage had been declining since 2007, leaving workers uninsured because they cannot find affordable policies.
Now, fewer employers offer their employees the option of coverage because they can't afford it themselves. And the employees couldn't afford it, so they remained uninsured.
The Affordable Care Act may change that and require all business with 100 or fewer employees to offer insurance. But all Americans could be required to find coverage - whether they work in a qualifying business or not.
That may or may not change in 2014, regardless, if consumers are not offered insurance from their employers, health insurance coverage will have to be obtained.
Depending on Tuesday's election, the ACA could be repealed or enacted. If it's repealed, uninsured Americans will go on living in uncertainty. If it's enacted, the uninsured could find themselves struggling to find policies they can afford.
Employees concerned that their coverage will be affected should visit HealthCompare.com to help them find health insurance.
About Health Compare: HealthCompare was launched in 2009 to work with brokers and carriers to help individuals and families easily research, compare, buy, and enroll in the right health insurance plan at the right price. Based in Orange, Calif., it delivers accurate, customized, health insurance quotes for the country's diverse population.
Through a unique partnership with its sister company, CONEXIS, HealthCompare has the ability to quickly reach thousands of COBRA-qualifying consumers and provide them with COBRA alternatives at the moment they become eligible for COBRA benefits. This provides these consumers with an opportunity to enroll in individual or family plans and potentially save hundreds to thousands of dollars on COBRA premiums and, at the same time, rewards referring brokers with referral fee income for the life of each policy.
For more information, visit http://healthcompare.com/ or call 888.748.5152.
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