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Monday, September 06, 2010
Report: Health law’s small biz tax credit could expand coverage
Steven Reinberg ―
USA TODAY
As the provisions of the Affordable Care Act begin to be implemented, many small businesses in the United States will be able to take advantage of new tax credits, a new report states.
During the first phase of the act, some businesses employing some 16.6 million workers will be eligible for these tax credits, according to the report released Thursday from the Commonwealth Fund, a private foundation.
“The new law is likely to have a significant impact on affordability and access to health care coverage for small business owners and employees,” Commonwealth Fund President Karen Davis said during a news conference Wednesday.
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