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Health Care Reform:

Health Insurance & Affordable Care Act

Health Care Marketplace for Small Businesses: FAQ

I run a funeral home with six employees. Can I get any help from the government for paying their premiums?

Yes, you can get tax credits to help pay for premiums, but you have to meet certain conditions.

You can get tax credits if:

  • Your business has fewer than 25 full-time employees.
  • Your workers' average wages are less than $50,000 per year.
  • Your business contributes at least 50% of the cost of a premium for an individual plan in a Marketplace.

You can get a tax credit for up to 50% of the amount your business pays toward insurance premiums for employees.

I'm on the fence about whether I should provide insurance for the employees of my small printing shop or let them buy it on their own. Why should I offer it?

Here are some benefits of offering health insurance to your employees:

  • It can help you attract and keep good workers who might otherwise go to a competitor who offers health insurance.
  • Health coverage can help keep your workers healthier and more productive.
  • The amount you contribute to your workers’ health insurance is not included in their taxable income.

One of my employees has had cancer. Will this affect my ability to get insurance for my small business?

No. Insurance companies can't deny coverage to your business due to the health of an employee or a family member. And if someone who's covered develops a serious condition later, your insurer can't cancel your plan.

In the past, if you had an employee who was seriously ill, the premiums in your company's health plan might have gone up. Health insurance plans can no longer raise premiums based on the health of anyone in your company.

WebMD Medical Reference

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