Great post from Concierge Medicine News
If you’re among those with questions, watch this recent webinar hosted by a state office of the U.S. Small Business Administration. In it, Frank Knapp Jr., president and CEO of the South Carolina Small Business Chamber of Commerce, shares the main options. We’ve listed the highlights below, but you can access it yourself here.
Option 1: Do nothing. Businesses with fewer than 50 “full-time-equivalent” employees aren’t obligated to provide coverage under the ACA. These businesses can opt out of providing health insurance and take no action. In this scenario, employees will be responsible for obtaining their own health insurance and…
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