Humana is joining forces with a health insurance startup, Oscar Health, to launch a health plan in the greater Nashville area that they hope will appeal to companies with fewer than 50 employees, the Tennessean reports. That’s the controversial cutoff number established under the ACA: Businesses with more than 50 employees must offer coverage.
It’s been argued that this benchmark might remove the incentive for small businesses to expand. “Small companies have similar health care needs as larger counterparts but often lack human resources departments to manage the process and enrollment,” the newspaper reports. “In smaller companies, the CEO or the CFO may also be the person who handles benefits.”
Source: The Tennessean