Ideal Business Consultants

Many small business owners have been asking exactly how the health care bill will affect them. We don’t have a crystal ball but we will do our best to try to answer some of your most important questions.

What is the Timetable for Employers?

In 2011, the law will require individual and small group market plans to spend 80 percent of premium dollars on medical services. Large group plans have to spend at least 85%.

By 2014, employers who have more than 50 employees must offer health insurance benefits or pay penalties. Companies with 25 or fewer employees who meet certain wage requirements will also be able to get credits toward health insurance purchases. <

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