Important Health Care Update

April 4, 2014

By Henry Bogdan, Director of Public Policy, Maryland Nonprofits

Small Employer Health Coverage —  As of this week (April 1), small employers (50 full-time equivalent employees, or under) are able to purchase employee coverage on the Maryland exchange directly through authorized insurance brokers.  To be eligible for federal employer tax credits, you must apply to and be certified by the Maryland Health Connection, but you may compare available policies with brokers and insurers before submitting that application.  This new Maryland Health Connection web page explains what you need to do to be eligible for tax credits, and provides links to a list of the authorized brokers, as well as Frequently Asked Questions.

Despite some earlier confusion, single-employee nonprofits may continue to purchase employer coverage.  This and other issues for small employers are addressed at the HealthCare.Gov’s Key Facts for Small Employers webpage.

Maryland Nonprofits will be working the MD Health Benefit Exchange to provide more information in the near future.

 

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