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California's Small Business Insurance SHOP Opens: A Contrast to Feds
Kaiser Health News
Dec. 3, 2013
"On the Covered California website, firms [with under 50 employees] can compare health insurance plans and choose what to offer to employees. Their workers can then select from among different plans.... Many companies will be able to receive a tax credit, meaning the federal government will help cover their portion of the employee premiums. To be eligible for tax credits, businesses must have fewer than 25 full-time employees, pay employees less than $50,000 a year and cover at least half of the full-time employees' premiums."
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