THE MARKETPLACE EXCHANGE
SHOP AND TAX CREDIT ELIGIBILITY
If you have questions and need additional assistance, please contact:
James Rodriguez, President & CEO
TexHealth Central Texas
To be considered a small business and qualify for the tax credit subsidy, you must have no more than 25 full-time equivalent employees, which is determined by a formula relating to number of part-time/full time employees. Add up the hours of part time employees and dividing the total hours by 30 hours per week, then adding in the full time employees. If this number exceeds 25 – you may not be eligibile for a tax credit.
To be considered a small business and eligible to purchase benefits thru SHOP you must have no more than 50 full-time equivalent employees.
Note: Beginning in 2014, the small business health care tax credit is available only if you obtain your benefits through SHOP.