417,540 SC residents eligible for health insurance subsidies

  • Wednesday, April 24, 2013

The deadline to file 2012 income tax has come and gone. The next big tax issue comes in six months when millions of Americans will enroll in health insurance plans like never before. They will be enrolling either through a state-run, partnership or federal exchange, now called the Health Insurance Marketplace.

Because South Carolina opted out setting up an exchange, South Carolinians will enroll through the federal exchange at Healthcare.gov. The first step will be an income eligibility check with the IRS and according to the April 3 Families USA Report, most South Carolinians who will be eligible for tax credits to buy health insurance are working families.

New options for small businesses


Small business owners will finally have more options for insuring their employees. The SHOP (Small Business Health Options Program) will feature health plan choices and information on how to receive tax credits for offering health insurance. The tax credits will be for businesses with less than 25 full-time employees.

Comments

Notice about comments:

Moultrie News is pleased to offer readers the enhanced ability to comment on stories. We expect our readers to engage in lively, yet civil discourse. We do not edit user submitted statements and we cannot promise that readers will not occasionally find offensive or inaccurate comments posted in the comments area. Responsibility for the statements posted lies with the person submitting the comment, not Moultrie News.

If you find a comment that is objectionable, please click "report abuse" and we will review it for possible removal. Please be reminded, however, that in accordance with our Terms of Use and federal law, we are under no obligation to remove any third party comments posted on our website. Read our full terms and conditions.

On Vacation

On Vacation – New Orleans

Tuesday, July 22, 9:36 a.m.

Upcoming Events
Poll
Print Ads
Latest Videos


Moultrie News

© 2014 Moultrie News an Evening Post Industries company. All Rights Reserved.

Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Parental Consent Form.