Small Business Health Insurance
What is small business health insurance?
Small business health insurance is group health insurance provided by an employer to employees. Small businesses with 1-50 employees can purchase group health insurance through the SHOP (Small Business Health Options Program) marketplace or directly from insurance carriers. Small businesses with fewer than 25 employees may qualify for the Small Business Health Care Tax Credit.
Key Points
- Small business group health insurance: for employers with 1-50 employees
- SHOP marketplace: purchase group health insurance for small businesses
- Small Business Health Care Tax Credit: for employers with fewer than 25 employees
- Group health insurance: helps attract and retain employees
- An independent agent can help you compare small business health insurance options