CMS Finalizes Small-Business ACA Exchange Rule

Law360, New York (May 31, 2013, 5:12 PM EDT) -- The Centers for Medicare and Medicaid Services on Friday issued a final rule laying out its Affordable Care Act-mandated insurance exchanges for small businesses, saying the rule would make it both simpler and more affordable for businesses to make coverage available to their employees.

The program, known as the Small Business Health Options Program, or SHOP, will create insurance exchanges for small employers in each state — those with no more than 100 employees, or 50, if a state chooses — therefore providing a "single point...
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