Potential Good Small Employer News

Wednesday, June 22, 2016
Yesterday, I met with a couple who own their own small business, and had recently hired their first employee. They wanted to offer health insurance, but really don't qualify for a group plan. Regardless, they wanted to do something to help out the young man and his family.

So we started looking at individual plans, and they asked if they could pay some of the premium. Time was, they could do this, but those days are long gone, thanks to The ObamaTax.

Of course, we can still do it the old-fashioned way, via salary bonus; that has its own set of issues, as well.

Now, there's some hopeful news out of DC:

"Members of the U.S. House of Representatives are getting ready to vote on H.R. 5447, a bill that could let small employers reimburse employees for individual health insurance premiums."

FoIB Allison Bell reports that the bill passed, by voice-vote, this morning.

Be interesting to see how much farther it gets.