How The Overhaul’s Small Business Tax Credit Is Working

Kansas Health Institute News explores how tax credits - one existing at the state level and the new one put in place by the health law - may be encouraging small business owners to provide health coverage to their employees.

Kansas Health Institute News: Tax Credits Spur Health Coverage
Businesswoman Merrill Gobetz didn't provide health insurance to her 10 employees in 2009. In that sense, she was like about 40% of other small business operators in the U.S. ... The company [Bistro Kids] was able to offer insurance this year because of a new tax credit for small businesses included as a provision of the federal health reform law (Cauthon, 1/10).

Kansas Health Institute News: Existing State Tax Credit Complements New Federal Credit
In addition to the federal tax credit that eligible small businesses can claim starting this year, there's an existing state tax credit that qualifying businesses can tap. And the two credits are not necessarily mutually exclusive (Cauthon, 1/10).