Is there a penalty for a small group employer under 10 Lives to offer a stand alone dental policy only and not the mandated Obamacare dental policy? Thanks.
A business that size is not required to offer health insurance. There is no penalty for offering insurance of any kind as a small business and small business employers can use the SHOP to offer coverage and get tax benefits for doing so. It’s not required, but it’s an option to look into.
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Sue Foley
Is there a penalty for a small group employer under 10 Lives to offer a stand alone dental policy only and not the mandated Obamacare dental policy? Thanks.
Erin
A business that size is not required to offer health insurance. There is no penalty for offering insurance of any kind as a small business and small business employers can use the SHOP to offer coverage and get tax benefits for doing so. It’s not required, but it’s an option to look into.