Premium jumped 47%!... Small business organizations say they’re seeing a huge influx of local farmers who can no longer afford their workers’ health insurance under the Affordable Care Act. The Obama administration offered an extension to let small business owners keep their policies last fall. But the year is almost up. Farmers are now being quoted much higher insurance premiums because of the mandates. That’s the case for Hope Valley Farms in Quarryville, Lancaster County. Six full-time workers milk hundreds of cows there three times a day. “We’re unlike corporations where we can pass costs onto the consumer, we take a 100 pounds of milk to market, we take what we get,” says owner Gerry DeLong. Premiums went up 47% for their health insurance coverage.
Posted on: Sat, 13 Sep 2014 12:16:29 +0000
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