Small Businesses Miss Out On Health Law’s Tax Credit, Report Finds
According to a report from Families USA, millions of businesses with fewer than 25 employees failed to take advantage of a tax credit that would help them provide health coverage to their workers.
The Hill: Report: Millions Of Employers Fail To Claim Health Care Tax Credit
Millions of small businesses failed to claim tax credits they could have received under President Obama's healthcare law, according to a new report from the advocacy group Families USA. The report says more than 3 million businesses were eligible for the new healthcare credit in the 2011 tax year. The White House, however, has estimated that only 360,000 businesses received the credit (Baker, 5/9).
CQ HealthBeat: Millions Of Small Businesses Qualify For Premium Tax Credit, According To Families USA
Seventy percent of small businesses with fewer than 25 employees are eligible for tax credits to help them provide insurance for their workers, according to a study released Wednesday by Families USA and the Small Business Majority. ... The report estimates that the credit would affect 19.3 million Americans employed by small companies and that the total value of the tax credits in 2011 is more than $15.4 billion (Bristol, 5/9).
Mississippi Public Broadcasting: Health Insurance Tax Credit Could Help 26-Thousand Mississippi Businesses
A new study finds a tax credit could help pay for the health insurance of 177-thousand Mississippi workers. ... A new study by the pro-health care reform group Families U-S-A found that 26-thousand small businesses in Mississippi are eligible for health care tax credits which are currently available as part of the 20-10 health care reform law (Hess, 5/9).