Businesses, employees benefit from HHS decision on COBRA

06/5/2014 | Entrepreneur online

A decision by the Department of Health and Human Services to extend the Affordable Care Act's open-enrollment period to July 1 for people getting health insurance through a former employer could lead to savings. The employees might be able to find a less-expensive plan through a public marketplace and might qualify for tax credits and subsidies. The employers could benefit too, because covering former employees often affects their insurance-risk status and rates.

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