Report: 11 Million Small Business Employees Will See Their Premiums Rise Under ObamaCare

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Report: 11 Million Small Business Employees Will See Their Premiums Rise Under ObamaCare

Via Fox News:

Republicans renewed their fight against ObamaCare on Monday in response to a new report in which the Centers for Medicare & Medicaid Services concludes that 11 million small business employees will see their premiums rise under the law.

The report, released Friday, says the higher rates are partly due to the health 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 report found that 65 percent of small businesses would see a spike in insurance premiums and about 35 percent of small businesses would see lower rates for plans covering six million people, The Wall Street Journal reported.

Thank You Fox News, WSJ, and Zip.