Employees newly required to have health insurance under the law may
want to get it from their employer, With that in mind, employers may feel encouraged to
offer coverage.
Don't forget about the tax benefits of providing healthcare.
The federal government makes tax credits available to most companies
with fewer than 25 low-wage employees to help cover the cost of
insurance. A tax credit of up to 35% of what a company pays for health
benefits is available today, and that increases to 50% in 2014 for
businesses that buy insurance through their state's online health
insurance market. In California, 80% of small businesses are expected to
qualify for a tax break.
Andre Plessis
AP Consulting
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