Today about half of small businesses in California offer health insurance.
After Obamacare hits, that number might not increase very much.
That’s because some small businesses – primarily in the retail and service sectors –are considering actually dropping health insurance for their employees.
Sarah Aquino, of Integrated Benefits and Insurance Services, says here’s why they might cancel coverage.
“If they have a workforce that falls on the lower end of the pay scale, and those employees may qualify for a subsidy in the exchange, they’re taking a hard look at it,” she says.