Group Health and the ACA.
If you are a small business owner trying to keep abreast of health care law updates – and how they will affect your bottom line – you are not alone. In June the Trump Administration issued an executive order which will change the way some businesses may purchase health insurance. If you are a small business owner, the changes may broaden your choices and lower the cost of health care plans for you and your employees. The Trump administration’s final rule governing association health plans (AHPs) would allow small businesses and the self-employed to band together based on their industry or location and buy health insurance. The President believes rates will go down as major insurers compete in the marketplace. Plans can start being offered on September 1.
Association health plans would allow small businesses to purchase health insurance at a lower cost. Will this affect your choices? The Cafro Agency will be happy to answer all your questions about the Affordable Care Act, an employer’s responsibility, tax credit eligibility and more. When you have questions about Health Care Laws, requirements and options, call The Cafro Agency today.
Question: If I lose my eligibility for my individual health care coverage, can I join my employer-sponsored group plan after the eligibility period has lapsed?
Call The Cafro Agency today for answers to this and other questions about the Affordable Care Act. We have read the law and will help demystify your rights and responsibilities with respect to health insurance.
Question: Under the Affordable Care Act, what are the responsibilities of a “small business” vs a “large business”?
The Cafro Agency can help you understand the responsibilities small and large employers face under the ACA. Call us today.
Question: What employers may be eligible for a tax credit and under what conditions?
To address employer eligibility for a tax credit, call The Cafro Agency for more information.
We at The Cafro Agency invite you to consult with our knowledgeable agents in our Dayville office. Our service area includes New London CT, Killingly CT and Norwich CT and all surrounding towns. Call 860-779-DAVE today.