Obamacare Essentials for Small Business Owners – Clip 8

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In the past, insurance costs for employers were largely dependent on the medical history of their employees. Matt Johnston of Country Financial explains that post-Obamacare the only kinds of underwriting for coverage are age, tobacco use and location. By understanding these factors, as well as the way states are divided into districts, business owners can get a good idea of what they will need to spend.