Federal Small Business Tax Credit
If your business offers health insurance to employees and pay at least 50 percent of the premium, you may be eligible to receive a federal tax credit. For more information visit the IRS’ website.
State Health Insurance Assistance
The Maryland Health Care Commission has implemented a new Health Insurance Partnership, providing financial assistance to local employers that are unable to afford health insurance.
Under the partnership a small business that has 2 to 9 full-time employees, has not offered health insurance to its employees during the previous 12 months, and meets wage and salary requirements, is eligible to receive a subsidy of up to 50 percent of the premium.
Shop & Compare Health Plans
MHCC’s Virtual Compare is a web portal that provides information about select health plans available to small businesses and allows a side-by-side comparison of benefits, premiums, and out of pocket costs for up to four health plans at a time.