Medical Loss Ratio Rebate Checks
A few of our clients have received Medical Loss Ratio Rebate Checks (MLR) from their health insurance carriers. This is extremely unusual since most employers are accustomed to receiving bills from their carriers, not checks! Upon receiving a check, the client generally has two questions: Why did I get a check? What do [...]
Small Business Health Insurance Credit – Do You Qualify?
This credit is available to for-profit and nonprofit employers with fewer than 25 full-time equivalent employees with average annual wages of less than $50,000. Under the Patient Protection and Affordable Care Act, certain small employers will be eligible for a tax credit, provided they contribute a uniform percentage of at least 50% toward their employees’ [...]
What Does the Small Business Health Insurance Tax Credit Mean for Your Business in 2010?
For tax years beginning after December 31, 2009, this tax credit is provided to eligible small employers (ESEs), who are employers with no more than 25 full-time employees (FTEs) employed during the tax year. These FTEs are defined as employees having annual full-time equivalent wages that average no more than $50,000. The full credit is [...]
