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Businesses asking questions in wake of ACA

Updated: Saturday, August 3, 2013 |
Businesses asking questions in wake of ACA story image
(NEWSCHANNEL 3) - Businesses are asking a lot of questions about the Affordable Care Act.

Some of the questions are things like, whether or not companies will drop insurance for their workers, and if insurance companies will be forced out of business.

Most importantly, people are asking if health care costs will continue to rise.

Experts currently believe that most employers will opt to continue coverage rather than pay a non-deductible tax penalty.

The future of the law does appear uncertain, however, with the 2012 elections having the potential of reversing it.

Frank Fraboni reports from Asheville, North Carolina.
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The Obama administration achieved a major victory in late June when the Supreme Court ruled 6-3 to uphold the nationwide subsidies for the Affordable Care Act. Open enrollment for 2015 is closed but people with special circumstances can still get covered on healthcare.gov.

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