If a business has fewer than 25 employees and provides health insurance, it may qualify for a tax credit of 50%.
West Palm Beach, Florida (PRWEB) March 15, 2013
In 2014, Obamacare, also known as The Affordable Care Act, will implement changes to the current healthcare system. As a result, if a business has fewer than 25 employees and provides health insurance, it may qualify for a tax credit of 50%.
Massey, Clark, Fischer, Inc. is an insurance agency that understands the importance of having a budget friendly and complete coverage plan in place. They serve small to large businesses all the time, and are dedicated to educating the community on their options, including group benefits. As Obamacare moves towards changing how employers define their healthcare plans, Massey, Clark, Fischer, Inc. wants to prepare business owners for what is to come. Here are some ways to prepare for the healthcare shifts expected to occur:
- Businesses should look at their 2012 tax return to see if they will qualify for subsidies.
- Beginning on October 1st 2013, there will be public exchanges of health insurance plans that meet minimum federal guidelines. Therefore, business owners should take time to analyze their health spending patterns so it is easier to find the right insurance.
- Check the government’s website to see data on doctors and hospitals. Think about finding better services to achieve better health to recommend to the entire company.
- Expect to receive a constant flow of information about the options available under Obamacare in the coming years. Employers are required to inform their employees about the new state exchanges and the subsidies available to low-wage workers.
The agents at Massey, Clark, Fischer, Inc. advise business owners to keep these guidelines in mind when preparing for their future employee benefits. Its agents are willing and ready to help those who would like to learn more about the changes to come. They are dedicated to keeping business insurance costs at an acceptable level as well as making them comprehensive and secure. These solutions are strategically balanced to meet the needs and operating requirements of local Florida business owners. Give the agents at Massey, Clarke, Fischer, Inc. a call. They would love to provide more information regarding group benefits, commercial insurance, workers compensation, and much more.
About Massey, Clark, Fischer, Inc.:
Proudly serving the Palm Beaches since 1958, Massey, Clark, Fischer, Inc. is dedicated to fulfilling the insurance needs of Florida individuals, families, and businesses. The agency represents various nationwide insurance carriers, allowing the dedicated agents to effectively compare rates and coverage to ensure the community receives the highest quality protection. They continue to evolve and offer only the most personalized service for each and every client. The professionals here will take the time to thoroughly evaluate each customer’s insurance needs so every asset is protected at the most competitive rates. The organization is now a full service agency with expertise in all lines of insurance and financial services.