This guide includes everything small business owners and their advisors need to know about offering health insurance in an easy to use step-by-step format. This online resource, provides small business owners with objective information on how to navigate the healthcare market since the passage of federal healthcare reform. California small businesses can find state-specific information here.
Todo lo que deben saber los dueños de pequeñas empresas y sus asesores al ofrecer seguro médico. Una fuente imparcial sobre costos estimados, ahorros fiscales, opciones de cobertura, derechos legales y mucho más.
Open enrollment to purchase health insurance plans for 2019 through the Affordable Care Act (ACA) individual marketplaces has started. This open enrollment season, we are partnering with Fiverr and Postmates to highlight the importance of enrolling and share important resources to help you get covered. Fiverr, Postmates and Small Business Majority are coordinating marketing and educational efforts to engage independent workers, remind them of important deadlines and promote resources that can help you navigate your options.
Health insurance exchanges are the most important component of healthcare reform for small businesses. These marketplaces will allow small businesses and individuals to band together to purchase insurance, which will lower their healthcare costs and allow more of them and their employees to get quality healthcare coverage.
In March 2011, Small Business Majority and Pacific Community Ventures (PCV) released the results of a survey, commissioned by PCV, of 804 California small business owners with fewer than 20 employees on key provisions of the Affordable Care Act. It found that small business owners who currently don’t offer health insurance, along with those who do, are more likely to provide or continue to provide coverage because of the healthcare tax credits and state insurance exchange.
More than any other sector of the economy, small business suffers from our broken healthcare system. From spiraling premium costs to inadequate access to quality healthcare for themselves and their employees, small business owners have seen their prospects for growth diminished and their profits slashed by today's patchwork of inefficient healthcare options.
When the Affordable Care Act was signed into law in 2010, it delivered sweeping reform to the nation’s healthcare system. A significant feature of the law is an expansion of Medicaid to cover a larger number of low-income individuals. In June 2012, the Supreme Court ruled it was up to each state to decide whether to expand eligibility for Medicaid. Medicaid expansion gives every state the opportunity to take advantage of federal funding that will support jobs and stimulate economic growth while expanding health coverage.
When the Affordable Care Act was signed into law in 2010, it delivered sweeping reform to the nation’s healthcare system. A significant feature of the law is an expansion of Medicaid to cover a larger number of low-income individuals. In June 2012, the Supreme Court ruled it was up to each state to decide whether to expand eligibility for Medicaid. The Medicaid expansion gives every state the opportunity to take advantage of federal funding that will support jobs and stimulate economic growth throughout the state while expanding health coverage for its residents.
On June 12, 2012, Small Business Majority and Kaiser Permanente released opinion polling that provides new insight into what small business owners in California and Oregon want out of state health insurance exchanges, which are being created under the Affordable Care Act. The polling found interest in a small business exchange is high, along with specific features in the exchange, including allowing employees to choose among multiple carriers and ensuring prevention and wellness programs are available. The survey also found awareness of the small business tax credits is low.
Congress included in the Affordable Care Act a significant new tax credit for small business owners who provide their workers with health insurance. Under this new tax credit, businesses that have fewer than 25 full-time workers and average wages of less than $50,000 are now eligible to receive a tax credit of up to 35% of the cost of the health insurance that they provide for their workers.