Hartford managed care provider Aetna Inc. is offering small businesses a free online calculator to compute their potential eligibility for federal tax credits tied to heath care coverage.
Under the Affordable Care Act, small businesses can qualify for a tax credit that can help them to offer health care coverage for the first time or enable them to maintain the coverage they currently have, Aetna says.
While they must work with the IRS to determine if they are eligible for the tax credit, Aetna says its tool can help small business owners estimate the available tax credits within minutes based on: number of full time equivalent employees; total annual wages; total employer premiums; and whether or not their business is a tax exempt organization
“We want to make it easy for small businesses to find out if they are eligible for these tax credits,” said Dale Cook, head of Aetna Small Group. “By helping small business owners understand the cost of health benefits, we can help them choose the right health plan for their business and their employees.”
The tax credit calculator page includes http://www.aetna.com/employer-plans/small-business/small.html
