Requirements of Health Insurance Exchange Remain Unclear for Businesses in Rhode Island
The Greater Providence Chamber of Commerce said its members are confused about how the state’s health insurance exchange works.
The exchange, known as HealthSource RI, will give residents and small businesses a place to buy insurance once the Affordable Health Care Act is in full swing next year. Small businesses will be able to send their employees to the exchange where they can choose from a selection of plans. When Chamber president Laurie White was asked whether she thinks small business owners get how the exchange works, she replied:
“No, I don’t. I think it’s still pretty much a black box in terms of what are the requirements."
White said she knows the exchange is just starting to roll out, but businesses owners want to see their options so they can start planning. Enrollment starts October 1st.