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  • Hope for small business health insurance.: An article from: ColoradoBiz


    Book (Wiesner Publications, Inc.)


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  • small business health insurance FAQ


    This will vary based on state, if the employees have beneficiaries (spouse and kids who are under the plan), and a few other factors.

    For example, in NY, there is little insurance competition, so an individual would pay $1,000+ a month


    On your sch C, you can deduct the premium (it's a deduction, not a tax credit).

    If you itemize and if your other medical expenses are over 7.5% of your AGI, you could deduct them.
    - I'm guessing the $1000 does not qualify.


    There is a program for small businesses to take a tax credit for providing health insurance starting in the tax year 2010. The business must have less than 25 FTE (full time equivalent) employees and have an average annual wage of less than $50,000 per


    In the US, it's not a tax credit. But it is a business expense deduction like any other business expense.


    It is legal as long as everyone falls under the same rule. No one gets a better break over the other.

    small business health insurance news

    Q&A: Kitzhaber Signs Health Insurance Exchange

    22.05.12

    Governor John Kitzhaber signed Oregon's new Health Insurance Exchange into law today. Kristian Foden-Vencil was at the signing in Portland he’s with me now. 

    Good afternoon Kristian. Kristian: Hi. Beth: The Health Insurance Exchange is one of the Governor's key health policies -- both for the 2012 legislature and for his third term in office. Can you remind us what the 'Health Insurance Exchange' is?Kristian: Yes. Essentially, President Obama's health care reform asks states to set up their own health insurance exchanges.


    Source: OPB News

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