You may be able to get the Small Business Health Care Tax Credit.
Enrolling in SHOP insurance is generally the only way for eligible small employers to take advantage of the Small Business Health Care Tax Credit. You may qualify if you have fewer than 25 full-time equivalent (FTE) employees making an average of about $56,000 or less.
The Small Business Health Options Program (SHOP) is for small employers who want to provide health and/or dental insurance to their employees — affordably, flexibly, and conveniently.
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To purchase SHOP insurance, your business or non-profit organization generally must have 1 to 50 employees.
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If eligible, you don't have to wait for an Open Enrollment Period. You can start offering SHOP coverage to your employees any time of year.
Find out now what your business qualifies for by contacting InCompass Ins today
Employee Group Health Insurance Solutions for Groups of 2 or more.
