Updating on laws affecting business

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SHOP plans are generally the only way to qualify for the Small Business Health Care Tax Credit to lower premium costs.

But other parts of the health care law may also affect employers.

The maximum reward for programs designed to prevent or reduce tobacco use is 50%. Businesses with 50 or more FTEs that don't offer insurance that meets certain minimum standards, may be subject to the payment.

The purpose of the SBC is to help employees understand their health insurance options. Learn more about SBCs and see a sample completed form.

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