Category Archives: Uncategorized
Employer Shared Responsibility Provisions
February 9, 2015Effective January 1, 2015, employers with 100 or more full-time (or full-time equivalent) employees that do not offer health insurance to their full-time employees (and dependents), or that offer coverage that is not affordable or that does not provide minimum value, may be required to pay an assessment if at least one of their full-time […]
Individual Health Insurance Marketplace and Small Business Health Options Program (SHOP)
February 9, 2015Both self-employed individuals and small employers now have a new way to obtain coverage through the new health insurance Marketplace. The individual Marketplace offers four levels of benefit packages that differ by the percentage of costs the health plan covers. The self-employed and other individuals may qualify for individual tax credits and subsidies on a […]
The Affordable Care Act (ACA)
November 19, 2014The Affordable Care Act (ACA) helps small employers by lowering premium cost growth and increasing access to quality, affordable health insurance. If you’re a small employer, the following are some of the ACA provisions that may apply.
Small Business Tax Credit
November 19, 2014The Small Business Tax Credit helps small businesses afford the cost of health care coverage for their employees and is specifically targeted for those businesses with low- and moderate-income workers. Businesses that have fewer than 25 full-time equivalent employees, pay average annual wages below $50,000 (indexed annually for inflation), and contribute a uniform 50% or […]