SBA explains health care benefits for small businesses

Karen Mills, administrator of the Small Business Administration (SBA), has written an open letter to U.S. small-business owners explaining immediate benefits available to small businesses as part of the Affordable Care Act.

Benefits include a tax credit to help small-business owners pay up to 35 percent of their employee premiums; better information regarding affordable health care options; and an exemption for small businesses from employer responsibility requirements.

The letter can be viewed at www.sba.gov/acaletter.

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