Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.
This week Dave and Mark talk with insurance broker James Raiola of Mass Mutal. They discuss the how the state’s health insurance exchange is offering plans for small businesses and what kind of company can benefit from using the exchange.
When to Listen
You can hear The Bottom Line each Friday at 5:50pm.
A bit more than 2600 Rhode Islanders have signed up for health insurance coverage through HealthSource RI. That's a fraction of everyone who’s eligible-- 2%, to be exact, of the estimated 125,000 uninsured Rhode Islanders who could sign up for coverage on Rhode Island’s health insurance exchange.
The Obama administration has extended the deadline to sign up for health insurance coverage that takes effect January first by one week. Rhode Islanders now have until December 23rd to enroll in a plan on HealthSource RI.
Individuals and small businesses have another week to sign up for health insurance coverage that begins January 1st. The new deadline is December 23rd, instead of December 15, to accommodate consumers who may have had trouble signing up online and to ease the possible rush of sign-ups at the last minute.
Rhode Island’s health insurance exchange, HealthSource RI, said several hundred small businesses have started applications for health plans through the site. And there’s more new data about who is enrolling in plans on the exchange.