How Health Reform will Help Small Businesses

BENEFITS FOR SMALL BUSINESSES

Six Ways Health Reform will Help Small Businesses

Small businesses want to provide health coverage for their workers, but they face extraordinary challenges in doing so, including premiums that are 18 percent higher on average than large businesses pay for the same coverage. Health reform legislation signed by the President includes a number of important benefits to help make coverage more affordable:

  1. Establishes a Small Business Health Care Tax Credit to Help Small Businesses Afford the Cost of Covering Their Workers.
  2. Creates Health Insurance Exchanges to Increase Bargaining Power and Reduce Administrative Costs
  3. Ends Price Discrimination against Small Businesses with Sick Workers
  4. Increases Health Care Security to Unlock Entrepreneurship
  5. Reduces the Hidden Tax on Small Business Employees with Health Insurance
  6. Reduces Premiums in the Small Group Market.

Click here for detail information about the six ways how the reform will help