Welcome to our Healthcare Reform Blog!

The Affordable Care Act (ACA) of 2010 has many implications for individuals and employers, many of which will take effect in 2014. We, at The Rockwood Company, are dedicated to providing you with timely information to help you make benefit choices for 2014 and beyond. We are using this blog to provide you with the most up-to-date information. New information will be posted on the front page, and tagged with the appropriate classification. Classifications will be individuals, small groups (less than 50 employees) and large group (greater than 50 employees).

Wednesday, February 13, 2013

Small Group Tax Credit


An eligible employer must:
  • Have less than 25 full-time (part-time are considered a portion of a full-time employee)
  • Average wages of less than $50 (not including owners and family of owners)
  • Employer must contribute at least 50% of the cost of single health coverage
Please contact your accountant to discuss whether your firm qualifies for the credit.  Or you can go to http://www.irs.gov/newsroom/article/0,,id=223666,00.html for more information
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