Affordable Care Act Small Business (949) 675-1920 Newport Beach

Affordable Care Act Small Business (949) 675-1920 Newport Beach Affordable Care Act Small Business By Hubie Laugharn Is Insurance Required? There is no law requiring small business owners to provide health insurance, however the Affordable Care Act makes... More

Affordable Care Act Small Business (949) 675-1920 Newport Beach Affordable Care Act Small Business By Hubie Laugharn Is Insurance Required? There is no law requiring small business owners to provide health insurance, however the Affordable Care Act makes critical changes that small business owners need to know of when deciding if they are going to purchase insurance for their staff. If you do choose to offer coverage, there are regulations you will have to follow—the most important of which we explain here or in person during one of our consultations. affordable care act small business Though large companies may face penalties if they do not offer coverage under the Affordable Care Act, small businesses with fewer than 50 full-time-equivalent employees will not be penalized if they do not provide coverage. If you have at least 50 full-time-equivalent employees but none receive an individual premium tax credit or cost-sharing reductions (both based on income), there’s no penalty—whet Less