Businesses with fewer than 50 employees are encouraged to provide insurance for their employees, but there are no penalties for failing to do so.
A special marketplace will be available for businesses with 50 or fewer employees, allowing them to buy health insurance through the Small Business Health Options Program (SHOP), but the implementation of SHOP has now been delayed a full year.
You’ll just need to keep talking with your current insurance broker.
To learn more about these kinds of options and to see what they can do for your business, check out the Appletree Business Services Business Financial Confidence Map here.
If you found this article useful, please do not keep this a secret. Share it with a friend.
Copyright 2014 by Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, a PASBA member accountant, located in Londonderry, New Hampshire, with more than twenty- five years experience on Federal and New Hampshire issues affecting small business, and specializes in keeping his clients OnTrack with bookkeeping, tax, and payroll services for a fixed monthly fee. Learn more about Steve’s exclusive SIX Step system developed for small businesses at www.appletreebusiness.com/map.
