Free Healthcare Reform Seminar on the New Small Business Tax Credit

(Providence, RI, 3.2.2011)
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What:

Free seminar on the new healthcare tax credit for small businesses in Rhode Island.

When:

Tuesday, March 8, 2011 from 8:30 a.m. to 10:00 a.m.

Where:

Greater Providence Chamber of Commerce

30 Exchange Terrace

Providence, RI

Who:

Blue Cross & Blue Shield of Rhode Island (BCBSRI) and the Greater Providence Chamber of Commerce are joint sponsors of this seminar where Monica Neronha, vice president of legal services at BCBSRI, will provide insight on how the new federal small business tax credit can be applied.

Why:

Many small businesses may be eligible for a tax credit to offset the cost of providing health insurance to employees. During this seminar, attendees will learn how to take advantage of the tax credit, which is now in effect under the federal healthcare reform law. The tax credit is designed to encourage small employers to offer health insurance coverage for the first time or to maintain the coverage they already provide.

To quality for the tax credit, small businesses must:

  • Have 25 or few full-time employees.
  • Pay at least 50 percent of employees’ health insurance premiums.
  • Pay annual average wages that are below $50,000 per employee.

The seminar is free and open to the business community. If you are interested in attending, please email Dolores Cabral at dcabral@provchamber.com or via phone at 401.621.6116.

The media is invited to attend and can RSVP to kimberly.reingold@bcbsri.org.

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