Health Care Reform and Small Business - Myths and Realities
A new Center for Rural Affairs report - Health Care Reform: What's in It for Small Business? - challenges four major myths about the impact of health care reform on small business. The health care reform law will not force small business to provide health insurance for their employees because most small businesses (50 or fewer employees) are exempt from the mandate and freed from any penalties related to the mandate. Moreover, the law establishes a Small Business Tax Credit for providing health insurance for employees. The tax credits, available in tax years 2010 through 2013, provide some immediate relief in making health care more affordable and offer an incentive for small businesses to provide insurance.
As the features of health care reform are implemented, small, rural businesses will reap the benefit of larger group coverage providing comprehensive, affordable and continuous health care coverage for their business and their employees. In the meantime, find out more about health care reform and small business at (http://files.cfra.org/pdf/Small-Business-Health-Care.pdf).
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