Are small businesses required to buy health insurance through DC Health Link?
The District of Columbia is establishing one big marketplace for the sale of all small business health insurance coverage in order to provide small businesses and nonprofit organizations the same clout in the health insurance market that large companies already enjoy. Small employers that do not offer health insurance as of December 31, 2013, but wish to do so, will only be able to shop through DC Health Link. A transition period enables small businesses currently providing health benefits to their employees to wait until their plan's renewal in 2015 to purchase coverage through DC Health Link.
By requiring insurance companies to post their prices and benefits on one, easy-to-use website, DC Health Link offers a space for carriers to compete for business based on price and quality. Small businesses can also benefit greatly from the wide array of health insurance options they can offer their employees through DC Health Link, instead of the limited choices most employers and employees have in today's market.