The National Association for the Self Employed, a group that helps entrepreneurs secure benefits including health insurance, has warned that the Affordable Care Act threatens to increase health insurance rates for the self employed by 10-13 percent by 2014. The organization predicts that a section of the bill mandating "essential health benefits" will force insurance companies to expand the minimum benefits they provide, even in high-deductible plans. Self-employed individuals therefore "may have to pay for a health insurance product that they don't need or want," says NASE spokeswoman Katie Vlietstra.
What are essential health benefits? That remains to be seen. According to the Affordable Care Act language, the Secretary of Health and Human Services will define them, "except that such benefits shall include at least the following general categories and the items and services covered within the categories: (A) Ambulatory patient services. (B) Emergency services. (C) Hospitalization.Read More »from Will “essential health benefits” raise your rates?