CAHP News Feed -
Aug. 23: In a new report, Families USA and the Small Business Majority determined that under federal health care reform, 80 percent (i.e., 456,500) of California’s 571,200 small businesses (companies with less than 25 employees) will be eligible to receive tax credits to help businesses insure their employees.
Furthermore, approximately 135,900 California small businesses will be eligible to receive the maximum tax credit in 2010—these are the employers who have 10 or fewer employees earning an average of $25,000 or less.
The report calls out the tax credits, Health Insurance Exchange, internet web portal for Health Insurance Information, and other products of health care reform as beneficial to small businesses in California.
Worksheet and more information in the pdf file below.