HELPING SMALL BUSINESSES: On the day I signed the new law, small businesses became immediately eligible for tax credits of up to 35 percent of their premium contributions for employee coverage. This makes coverage more affordable so small business owners do not have to choose between hiring and health care. By 2014, small businesses with up to 100 employees will have access to state-based Small Business Health Options Program (SHOP) Exchanges, where they can purchase affordable, quality insurance and may qualify for tax credits up to 50 percent of employer premium contributions.
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