Small Business Owners

Giving Small Businesses More Power

The Exchange is a tool for small businesses to have a better choice of health insurance policies and insurers at a lower cost, the way larger employers do now. Small businesses that purchase coverage through the Exchange will be able to pool together. This will help lower administrative costs compared to choices available in the small business market today.

Tax credits for Providing Health Insurance

Small businesses that use the Exchange to provide health insurance to their employees may be eligible for a tax credit, which can help make providing this coverage more affordable.

A Simpler Way to Offer Employees Health Insurance

The Exchange will make providing health insurance to employees easier. Employers can use the Exchange in a variety of ways. They can select a single health plan option for all employees, select a few plan options and let each employee select one, or provide employees with a set contribution amount and let them choose whichever plan option on the Exchange they like best. The Exchange will calculate the total cost to the employer and after the employer makes that payment, the Exchange will provide the appropriate amount to each health plan.

Additional information for small business owners is available in these fact sheets.