Benefits of Health Care Reform for Small Businesses
Health Insurance Tax Credit
Beginning with the 2010 income tax return they file in 2011, eligible small businesses can claim a new tax credit for offering health insurance to their employees as part of the general business tax credit. Information on eligibility and how to apply for the credit is available on the IRS website for the Small Business Health Care Tax Credit.
Check if your small business qualifies for the tax credit with these resources:
Additional information on this new tax credit and other benefits is available from the following sources:
- Small Business Health Care Tax Credit Brochure from the U.S. Department of the Treasury
- White House website and fact sheet
- Six Ways Health Reform will Help Small Businesses
- Debunking Myths on the Health Care Reform and Small Businesses
Early Retiree Reinsurance Program
Businesses of all sizes are eligible to participate in the Early Retiree Reinsurance Program, which provides assistance to employers and sponsors of multi-employer plans to help offset the costs of claims for early retirees age 55 and older who are not eligible for Medicare. Information on this program is available on the Benefits for Early Retirees page.
Last updated: March 2011. Privacy Policy