Will I qualify for tax credits?

If you have less than 25 full-time employees making an average of about $50,000 a year or less, you may qualify for a small business health care tax credit. Beginning in 2014, the tax credit is worth up to 50% of your contribution toward employee premium costs (up to 35% for tax-exempt employers), making the cost of providing health coverage lower. Also starting in 2014, the small business health care tax credit will only be available through SHOP coverage.

Calculator property of Small Business Majority and its subsidiary website California Health Coverage Guide