Healthcare Step-1 price tag is $1 million
One tiny piece of the monstrous federal health care bill is now in play: the required coverage for dependent family members to age 26. Businesses in the Chamber’s Cigna Healthcare small group plan will pay an additional $1 million in premium annually (statewide) to cover the cost of this minor tweak. The price to Central Vermont Chamber members is estimated at $70,000 per year.
Many of the bill’s rules have yet to be written, and the provisions with the greatest impact become effective in 2014.