HealthCare.gov | Photo by Michael Stacy

Morning Minutes: Insurance marketplace previews, The PSC and payday loans



HealthCare.gov has been plagued by technical issues since its Oct. 1 launch. | Photo by Michael Stacy
Small businesses will have early access to healthcare.gov’s SHOP Marketplace. | Michael Stacy/Missouri Business Alert

Here are today’s top business headlines from across Missouri:

Missouri businesses get preview of federal health insurance marketplace

The Centers for Medicare and Medicaid Services said businesses with fewer than 50 full-time workers in Missouri will be able to access the Small Business Health Options Program, or SHOP, in late October, ahead of the start of open enrollment on Nov. 15.

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PSC wants to end utility payments at payday loan offices

A majority of the Missouri Public Service Commission expressed support for a new rule that would stop utilities from using payday lenders as locations authorized to accept bill payments. Consumer advocates have railed against the industry for years because of high interest rates and the fees and penalties its short-term loans levy on borrowers in mostly poor neighborhoods.

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State revenues rise, still lag behind expectations

The state of Missouri’s individual income taxes are up, but the state’s income from sales taxes are lagging well behind. And overall, the state isn’t collecting enough money to cover all the budget items that the General Assembly approved this spring.

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Missouri farmers markets proliferate, while overall sales dip

The number of farmers markets across the country and in Missouri has exploded over the last decade amid growing demand for local produce. But Missouri farmers markets as a whole haven’t seen a corresponding spike in sales.

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Metro KC country club seeks protection in bankruptcy court

The leaders of Homestead Country Club in Prairie Village, Kan., filed for Chapter 11 bankruptcy reorganization in an effort to stave off foreclosure. Developers of the Park Place mixed-use project in Leawood, Kan., purchased the club’s $3 million bank loan and want to redevelop the prime 14.4-acre site.

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