Close
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
Read Down
Sign in
Close
Welcome!Log into your account
Forgot your password?
Read Down
Password recovery
Recover your password
Close
Search
Logo
Subscribe
Logo
  • Latest News
  • Artificial Intelligence
  • Video
  • Big Data and Analytics
  • Cloud
  • Networking
  • Cybersecurity
  • Applications
  • IT Management
  • Storage
  • Sponsored
  • Mobile
  • Small Business
  • Development
  • Database
  • Servers
  • Android
  • Apple
  • Innovation
  • Blogs
  • PC Hardware
  • Reviews
  • Search Engines
  • Virtualization
More
    Subscribe
    Home IT Management
    • IT Management
    • Small Business

    HealthPass Launches Online Information for Health Care Tax Credit

    Written by

    Nathan Eddy
    Published December 6, 2010
    Share
    Facebook
    Twitter
    Linkedin

      eWEEK content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

      HealthPass, a New York City-based nonprofit commercial health insurance exchange for small to midsize businesses, announced that it has posted on its Website information on the just-released Internal Revenue Service final guidance on the small business health care tax credits. The small-business health care tax credit, which was created under the Affordable Care Act, is designed to encourage small businesses to offer health insurance coverage to their workers. Small employers are eligible to claim the health care tax credit beginning with the 2010 tax year.
      The new guidance includes information clarifying that a broad range of employers meet the eligibility requirements, including small businesses that provide coverage through a broad range of contribution arrangements, including a choice model similar to the one HealthPass offers. Also included are a one-page form and instructions that small employers-those with 25 or fewer full-time employees-can use to claim the tax credit for 2010.
      “This is great news for small employers as well as their benefit brokers, who have been waiting for these rules since the health care reform law was passed back in March,” said Vince Ashton, executive director of HealthPass. “The guidance removes some uncertainty that had surrounded the tax credit and provides much greater clarity around the requirements for small businesses to qualify for the credit. The timing is also welcome, since many small employers will begin planning for the tax season in the very near future if they haven’t already done so.”
      Small employers and brokers can visit the HealthPass Website and download the toolkit, which includes the one-page tax form (Form 8941, Credit for Small Employer Health Insurance Premiums), and also the instructions for completing the form. Also available are frequently asked questions (FAQs) about the tax credit as well as a summary document with employer action items.
      “Having choices of benefit design and health insurance carriers, as HealthPass offers, coupled with these tax credits can be a powerful advantage for small businesses. We are pleased to make this important information available to small employers,” said Shawn Nowicki, director of health policy at HealthPass. “As health care costs continue to increase, we encourage every small business eligible to claim this credit to apply as it is worth up to 35 percent of the employer’s cost of providing coverage to their employees.”
      HealthPass enables eligible employees of small businesses and sole proprietors to choose a health care plan that fits their medical needs and budgets. More than 20 coverage options from four carriers-EmblemHealth, GHI, HIP (Health Plan of New York) and Oxford-as well as two dental plans and a bundled product offered through Guardian are available.

      Nathan Eddy
      Nathan Eddy
      A graduate of Northwestern University's Medill School of Journalism, Nathan was perviously the editor of gaming industry newsletter FierceGameBiz and has written for various consumer and tech publications including Popular Mechanics, Popular Science, CRN, and The Times of London. Currently based in Berlin, he released his first documentary film, The Absent Column, in 2013.

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      Get the Free Newsletter!

      Subscribe to Daily Tech Insider for top news, trends & analysis

      MOST POPULAR ARTICLES

      Artificial Intelligence

      9 Best AI 3D Generators You Need...

      Sam Rinko - June 25, 2024 0
      AI 3D Generators are powerful tools for many different industries. Discover the best AI 3D Generators, and learn which is best for your specific use case.
      Read more
      Cloud

      RingCentral Expands Its Collaboration Platform

      Zeus Kerravala - November 22, 2023 0
      RingCentral adds AI-enabled contact center and hybrid event products to its suite of collaboration services.
      Read more
      Artificial Intelligence

      8 Best AI Data Analytics Software &...

      Aminu Abdullahi - January 18, 2024 0
      Learn the top AI data analytics software to use. Compare AI data analytics solutions & features to make the best choice for your business.
      Read more
      Latest News

      Zeus Kerravala on Networking: Multicloud, 5G, and...

      James Maguire - December 16, 2022 0
      I spoke with Zeus Kerravala, industry analyst at ZK Research, about the rapid changes in enterprise networking, as tech advances and digital transformation prompt...
      Read more
      Video

      Datadog President Amit Agarwal on Trends in...

      James Maguire - November 11, 2022 0
      I spoke with Amit Agarwal, President of Datadog, about infrastructure observability, from current trends to key challenges to the future of this rapidly growing...
      Read more
      Logo

      eWeek has the latest technology news and analysis, buying guides, and product reviews for IT professionals and technology buyers. The site’s focus is on innovative solutions and covering in-depth technical content. eWeek stays on the cutting edge of technology news and IT trends through interviews and expert analysis. Gain insight from top innovators and thought leaders in the fields of IT, business, enterprise software, startups, and more.

      Facebook
      Linkedin
      RSS
      Twitter
      Youtube

      Advertisers

      Advertise with TechnologyAdvice on eWeek and our other IT-focused platforms.

      Advertise with Us

      Menu

      • About eWeek
      • Subscribe to our Newsletter
      • Latest News

      Our Brands

      • Privacy Policy
      • Terms
      • About
      • Contact
      • Advertise
      • Sitemap
      • California – Do Not Sell My Information

      Property of TechnologyAdvice.
      © 2024 TechnologyAdvice. All Rights Reserved

      Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.