Wow! Not perfect, but nice.
Do you have fewer than 50 employees in your business?
Before the Affordable Care Act, known as Obamacare, did you reimburse your employees for individually purchased health insurance or use a Section 105 medical reimbursement plan or other health reimbursement arrangement to help your employees with their medical costs?
Did you stop helping your employees with medical costs because you did not want to offer the Obamacare-required group insurance? Did the $100-a-day penalty scare you away from employee medical assistance?
If so, rejoice!
Beginning January 1, 2017, you can install a new qualified small employer health reimbursement arrangement (QSEHRA) and start helping your employees pay for their health insurance and other medical costs, without worrying about the per-employee $100-a-day penalty ($36,500 per employee per year). Here’s how to put your new 2017 plan in place. ... Log in to view full article.