Are there incentives for offering health insurance to my employees?
Find out more: Tax credit
Jeff wants to know if he will be required to offer coverage for the full-time employees of his small business.
How do I know if I qualify for the tax credit?
Kelly: I have a small business with only 3 employees. How can I find out if there are any incentives for me to offer health insurance?
BCBSAL: The new law will not require you to provide insurance, that requirement only applies to employers with 50 or more full-time equivalent employees. However, it will provide you with tax credits if you choose to offer insurance to your employees. A new small business health care tax credit is in effect which provides a 35% tax credit on health premiums, with the credit increasing to 50% in 2014.