Health Coverage for Small Businesses

With recent Health Care Reform, many business owners have been left confused and unsure of the benefits and disadvantages of this new health insurance. In order to make an informed decision about the health care you provide for your employees, you must understand how the Patient Protection and Affordable Care Act works.

Small businesses that provide their employees with health insurance are offered a tax credit. In order to qualify for the tax credit, you must have an average annual wages total of less than $50,000 and contribute at least 50% of those wages toward employee health insurance premiums. In order for a small business to receive tax credits, they must also have fewer than 35 full-time employees.

When deciding what coverage you would like to offer your employees, it is best to speak with an expert first. each business requires a unique program for their health insurance benefits that needs to be carefully planned out. Offering employee benefits is not only advantageous to the employees, but the employer as well.

Warrior Insurance and Services Group is available to answer any and all of your questions regarding offering health coverage for the employees of your small business. Contact us today to speak with one of our experienced agents.

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