HEALTH CARE REFORM EXPLAINED        Your questions answered                      [weekly column]   

By: Susan Jaffe | from       BULLETIN  | July 5, 2010

Q. We own a small business and can’t afford health insurance for our part-time employees. Will health care reform make things even tougher by making us pay for their health coverage?

A. The law does not require businesses to provide health insurance (although large companies can be assessed a penalty if they don’t). But if you offer coverage, as a small company, you can receive tax credits worth up to 35 percent of the cost of that insurance for tax years 2010 to 2013, and up to 25 percent for nonprofit organizations.                   More

The New Health Care Law and Small Businesses