Get Started: More time to send health care forms to staffers
MORE TIME TO FILE HEALTH INSURANCE FORMS
The
Individual taxpayers can use the information on the forms to determine whether they qualify for tax credits under the Affordable Care Act.
While employers and insurers have more time to send the forms to employees, the due dates for getting the forms to the
You can find more information on the
ASSOCIATION HEALTH PLANS
Small business advocates are split over the Trump administration's plan to allow what are called association health plans, or group insurance plans that would permit small companies to buy insurance in states where they're not located. The plan, a proposed regulation released last week by the
Under current law, large companies are generally exempt from state insurance regulations, allowing them to provide the same insurance coverage to all their employees, but small businesses are limited to policies that meet the standards of their home states.
The administration's proposal would "fix current restrictions and barriers that prevent small businesses and entrepreneurs from using their market power and membership in associations to negotiate and access affordable health coverage," said
Critics of the proposal, including some small business advocates as well as insurance industry groups, said that while it would benefit some companies, others could find their insurance costs rising sharply.
The proposal would "create parallel insurance markets for small businesses, leading to major spikes in premiums for small firms that remain in the small-group market," said Small Business Majority CEO
The public has 60 days to comment on the proposed regulation, which can found on the
GETTING BIGGER CONTRACTS AND FEES
Many small business owners are willing to take lower fees and smaller contracts when they're first starting out, and want to make the leap to the customers with deeper pockets. SCORE, which offers free counseling to small companies, is sponsoring an online seminar on how to get high-paying clients. It will be held
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The RASP market size is expected to grow from USD 294.7 million in 2017 to USD 1,240.1 million by 2022, at a Compound Annual Growth Rate (CAGR) of 33.3%
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