Lets Clear the LIES About Small Business and Obamacares

If you google

Small business  PPACA

You will find search page after search page about how  the Affordable Care Act is bad for small business.

LIES
LIES
LIES

Who tells the LIES
GOP
GOP
GOP


From the healthcare.gov webpages

THIS

In general, if you have 50 or fewer full-time equivalent (FTE) employees you're considered a small business and may get employee insurance through the Small Business Health Options Program (SHOP).

THIS

No employer has to offer coverage. Some large businesses that don't offer coverage meeting certain standards may have to make a shared responsibility payment in 2015.

    If you have fewer than 50 full-time equivalent (FTE) employees, you are not subject to the Employer Shared Responsibility parts of the law. You may use SHOP to offer coverage for your employees.

THIS

Starting in 2014, businesses with 50 or fewer full-time equivalent (FTE) employees can use SHOP to offer coverage to their employees. You control the coverage you offer and how much you pay toward premium costs.

THIS

If you have fewer than 25 full-time equivalent employees making an average of about $50,000 a year or less, you may qualify for a small business health care tax credit.

    Starting in 2014, the tax credit is worth up to 50% of your contribution toward employee premium costs (up to 35% for tax-exempt employers). This will make the cost of providing health coverage lower.

    Beginning in 2014, the small business health care tax credit is available only if you get coverage through SHOP.

The Affordable Care Act (ACA) does not require employers to offer insurance coverage to their employees, but it imposes a penalty on businesses that fail to insure their employees in certain circumstances. Small employers with fewer than 50 employees are exempt from any penalties

Which businesses are exempt from the responsibility of providing health insurance to employees?

Small businesses with fewer than 50 full-time equivalent workers do not have to provide health care insurance to their employees. ('Full-time equivalent,' or FTE, means an employee who works at least an average of 30 hours per week, calculated on a monthly basis.) Ninety-six percent of all businesses, or 5.8 million of the 6 million businesses in the nation, have fewer than 50 employees, so this provision exempts these businesses.

AND ONE MORE TIME

The Affordable Care Act does not include an employer mandate. In 2014, as a matter of fairness, the Affordable Care Act requires large employers to pay a shared responsibility fee only if they don’t provide affordable coverage and taxpayers are supporting the cost of health insurance for their workers through premium tax credits for middle to low income families. •

The law specifically exempts all firms that have fewer than 50 employees – 96 percent of all firms in the United States or 5.8 million out of 6 million total firms – from any employer responsibility requirements. 

Don't believe the

GOP LIES
GOP LIES
GOP LIES

Don't repeat the

GOP LIES
GOP LIES

GOP LIES