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Health Care Reform Details Emerge with 'Play or Pay' Requirements, Leaving Some Wondering about Small Business Owner Insurance
Date:7/3/2009

e information about how the new plan would affect small business owner insurance.

Under the proposed bill, small businesses could choose insurance plans from a national exchange that would include a government run plan and private insurers. In addition, small business owners would be able to utilize tax credits to help make the coverage more affordable.

To sort out the major details of the plan, there are some bullets that may be helpful to note.

-   Small businesses and individual can choose to be insured from either private or public plans listed among a national health insurance exchange.
-   If a small business cannot afford coverage, tax credits are available.
-   The "play or pay" fee refers to the line item that states employers that offer coverage would pay for 72.5 percent of the premium costs for full-time employees or pay a fee based on 8 percent of their payroll to the government.
-   The size threshold for businesses to be exempt from the "play or pay" fee has yet to be determined.

About the Small Business Health Insurance Network:
The Small Business Health Insurance Network is your premier choice for small business health insurance and self employed health insurance throughout the United States. Serving business owners nationwide; we access and provide insurance quotes from multiple healthcare providers.

Contact:
Marlene Brown   
Public Relations Specialist
612-385-1331

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