Small Business
How will health reform affect your small business?
Small Business Healthcare Tax Credits
One of the first provisions of the Affordable Care Act implemented to help small employers better afford insurance was the small business healthcare tax credits. Approximately 4 million small businesses qualified in 2010 for the tax credit to offset employer health plan costs. You can see if you qualify by using this online calculator.
Small Business Healthcare Tax Credits (pdf)
Women’s Health
This document from the Illinois Department of Insurance outlines women’s specific health needs and how they should be covered; the Affordable Care Act will increase access to these needed health services, like contraceptives, making health insurance coverage more comprehensive for women small business owners.
Better Health Means Better Business
This article from the Center for American Progress details how minority-owned small businesses will benefit from the Affordable Care Act, and includes downloadable facts sheets that break down the benefits for specific minority populations.
Better Health Means Better Business
Small Business Fact Sheet
This CBHC-developed fact sheet outlines the Affordable Care Act’s benefits for small businesses, including provisions that are already in effect and those still to come.
Small Business Fact Sheet (pdf)
Small Business Health Insurance Exchange Checklist
This five-page document from the Small Business Majority outlines what elements are necessary in creating a health insurance Exchange that is beneficial for small businesses.
Small Business Health Insurance Exchange Checklist (pdf)
Does Your Nonprofit Qualify for the Small Business Health Insurance Tax Credit?
Three quick questions and additional resources to help you determine if your non-profit qualifies for a small business tax credit.
Does Your Nonprofit Qualify for the Small Business Health Insurance Tax Credit (pdf)
Healthcare Reform Will Help Illinois Small Businesses
This two-page document from the Small Business Majority compares the benefits of health care reform to the cost of doing nothing.
Healthcare Reform Will Help Illinois Small Businesses (pdf)
What’s in the Final Bill for Small Businesses?
This four-page document from the Small Business Majority discusses the benefits of health care reform for small businesses including an insurance pool, tax credits, cost containment, consumer protection, and more choices for small businesses and their employees.
What’s in the Final Bill for Small Businesses? (pdf)
Health Reform for Small Businesses
The Affordable Care Act will provide enormous benefits to the millions of small business owners and the tens of millions of small business employees by expanding coverage options, increasing purchasing power, lowering costs and giving consumers, not insurance companies, control over their own health care.
Health Reform for Small Businesses (pdf)
Helping Small Businesses
Health care reform provides tax credits and other incentives for small businesses to provide health care coverage to their employees.
Helping Small Businesses (pdf)
Employers and Health Reform
The health care reform legislation is good for business, good for jobs, and good for the economy. The legislation lowers health care costs to allow American businesses to focus on what they do best, and includes other provisions to directly create jobs and get our nation’s economy moving again. Health reform stands on the principle of shared responsibility among individuals, employers, and the government. The bill assists employers in providing coverage to their employees and provides access to markets that operate more transparently and fairly.
Employers and Health Reform (pdf)
Strengthening the Nation’s Health Workforce
Health care reform will expand and reinforce the nation’s health workforce by making key investments in training doctors, nurses, dentists, and other health professionals. This bill relieves shortages in primary care and other fields by investing in scholarship, loan repayment, and training grant programs to recruit and train many more primary care, nursing, public health, and other needed professionals.
Strengthening the Nation’s Health Workforce (pdf)
Hispanics or Latinos
This fact sheet outlines coverage, disparities, and benefits for business for Hispanics or Latinos. Hispanic small business employers and employees will benefit from the new health law, which seeks to expand coverage and improve primary care.
For more information about how health care reform will affect small businesses please visit the Small Business Majority. You can use their Tax Credit Calculator to find out how much tax credit your small business will be eligible for. The IRS and US Small Business Administration also have additional information on tax credits and eligibility.
