While the Affordable Care Act has become a reality, employers are still struggling to understand their options while providing sufficient, yet affordable health benefits for their workforces.
Small group employers in particular are perplexed. In 2014, some small businesses with fewer than 25 employees are eligible to receive health care tax credits up to 50% if they purchase insurance through the Small Business Health Options Program. However, as of January, not every state or county has signed on with healthcare.gov to offer SHOP, nor do they all have operational websites. As a result, many small firms cannot receive subsidies to help them pay for coverage plans purchased via the state-run marketplaces or the federal exchange.
