Out To Enroll: Affordable Care Act's Health Insurance Marketplaces

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Despite the malaise of the government shutdown, the nation should embrace healthcare for all people by enrolling in the Affordable Care Act (ACA) Health Insurance Marketplace. 

What does this mean for you?

Want to know more about the marketplace exchanges and what it can mean for you?
  • Explore Healthcare.gov to learn more about coverage plans and your options. Although this website is not being updated due to the government shutdown, all the information you need to learn about enrollment is available. 
  • Still not sure how it works? Check out this easy video by NGLCC Founding Corporate Partner Aetna on how to figure out your options. 
  • Download one of the best guides on the law and the procedures for enrollment from the publication Politico. 
 

What does this mean for LGBT small businesses?

The ACA even has a separate exchange for small businesses known as the Small Business Health Options Program (SHOP). The Health Insurance Marketplace and SHOP are tailored to deliver a personal degree of care that best fits the needs of your employees. You, as the employer, will choose what level of coverage to offer, and then your employees will be able to select any plan within the exchange at that level. They will be able to choose what works best for them and their families, lowering the costs for everyone.
In the past, many small business owners have been unable to provide health insurance for their workers for many reasons, including the time, resources and administrative burden to find adequate coverage.  Now you will allow you to easily compare a wide range of insurance plans that will fit your budget based on price, benefits, and quality. 
 
Think about it this way: Your business will be able to draw in better employees if you offer great benefits, including a good health care plan. And with a good health care plan, you will have healthier, more reliable employees who will not have to worry about being uninsured should they accidentally break a leg or have to be rushed to the emergency room on a health scare.
 
Furthermore, a significant portion of small business owners like you may be able to afford your own health insurance for the first time. According to a study by the Kaiser Family Foundation, one out of four small business owners in the United States are not covered. ACA will change that. Under the law, 83 percent of uninsured small business owners will be eligible for healthcare coverage. In order to keep your business running at top shape, you need to be healthy too.