Helena Independent Record:
Obama's health care aid to small firms disappoints
“Fewer small employers claimed the Small Employer Health
Insurance Tax Credit in tax year 2010 than were estimated to be eligible. While
170,300 small employers claimed it, estimates of the eligible pool by
government agencies and small business advocacy groups ranged from 1.4 million
to 4 million. The cost of credits claimed was $468 million. Most claims were
limited to partial rather than full percentage credits (35 percent for small
businesses) because of the average wage or full-time equivalent (FTE)
requirements. 28,100 employers claimed the full credit percentage. In addition,
30 percent of claims had the base premium limited by the state premium average.”
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