Does Your Small Business Meet The Requirements For Health Insurance Coverage

If you’re a small business owner, you may wonder if you need to provide your employees with health insurance. Some questions you may ask yourself are what obligations do you have to the employees and what must be done to give them health insurance?

According to the Affordable Care Act (also known as Obamacare), no business must pay insurance in the U.S., but large companies that fail to follow the ACA’s insurance coverage rules will be penalized at tax time from the Internal Revenue Service (IRS).