News Headlines Article

Extra health costs on the way for employers
Orange County Register

As Orange County companies gear up to renegotiate health insurance plans for 2014, employers face the likelihood of additional costs in the form of a new fee that will be imposed on insurers under the Affordable Care Act. The fee, which applies nationwide, will finance a $25 billion, three-year transitional fund, most of which is intended to help insurers defray the extra medical costs they expect to encounter once they are required by law to fully cover patients with pre-existing conditions.