Your business may be eligible to receive a federal tax credit to help offset the cost of providing health insurance for your employees.
The amount of credit you are eligible to receive works on a sliding scale.
The smaller your business, or the lower your annual average wage, or both, the larger your credit will be.
The maximum tax credit available is 50 percent of premium expenses and applies to two consecutive tax years. Your tax credit will depend on a number of factors.
| Dentist Office With 10 Full-Time Employees |
|---|
| Employee Wages: |
| Average of $25,000 per employee with $250,000 total |
| Employer Contribution for Health Insurance: |
| $70,000 per year |
| (Year 1) Tax Credit |
| $35,000 (50%) |
| (Year 2) Tax Credit |
| $35,000 (50%) |
At the Covered California Enrollment Center Torrance, we understand the complexities of providing healthcare for both employers and employees. Our Group Health Plan solutions are designed to simplify the process and offer comprehensive coverage. Our team of proven insurance professionals is dedicated to providing you with highly personalized service to meet your specific needs.
All California Health Insurance in One Place
We bring all California health insurance options together in one place. Our Group Health Plans encompass offerings from leading providers, including:
You can trust that your employees' health is in good hands.
Tailoring Healthcare for Your Business
We understand that every business is unique, and so are its healthcare needs. Our team is here to help you customize a healthcare plan that caters to your employees. Whether you have a small team or a large organization, we've got you covered.
Ready to simplify healthcare for your employees while providing top-notch coverage? Visit the Covered California Enrollment Center in Torrance today. Our experienced team is ready to assist you in finding the ideal Group Health Plan that aligns with your business goals.
let's embark on a Group healthcare journey that prioritizes your company and employee’s well-being.
Contact us now at 800-903-0326 for an appointment.
