Area small business owners and employees can learn about new health insurance options and requirements for small businesses later this month in Morrilton at “Informed Businesses: Navigating the Affordable Care Act.”
The training is taking place on Wednesday, Jan. 15 and is presented by the Arkansas Small Business and Technology Development Center at Arkansas Tech University in partnership with the Arkansas Insurance Department. There is no charge to attend.
“We want to help Arkansas small business owners understand the law and make informed choices about health insurance coverage for themselves and their employees,” said Janet Roderick, ASBTDC state director.
The session, set for 3:00 to 5:00 p.m. at the Morrilton Chamber of Commerce, will discuss key provisions of the federal health care law – the Patient Protection and Affordable Care Act of 2010 – and the new Health Insurance Marketplace, which opened Oct. 1.
The training will highlight
• The Arkansas Health Connector website
• SHOP, the Small Business Health Options Program
• Compliance and notification requirements that began Oct. 1 for employers
• New tax reporting requirements for employers
• Available tax credits, potential rebates and premium reduction programs
• Potential financial penalties for non-compliance
Pre-registration is required. To register, call 479-356-2067 or visit asbtdc.org/aca.
Reasonable accommodations for persons with disabilities will be made if requested in advance. Contact Ronda Hawkins at 106 West O Street, Russellville, AR 72801 or 479-356-2067.
The Arkansas Small Business and Technology Development Center at Arkansas Tech University is a partnership of the U.S. Small Business Administration, the University of Arkansas at Little Rock College of Business and the ATU College of Business. ASBTDC assists start-ups, existing businesses and technology businesses. Core services include free consulting and market research plus low- and no-cost training. Learn more at asbtdc.org.
The Arkansas Insurance Department established the Arkansas Health Connector division to manage and implement the new Health Insurance Marketplace in Arkansas in accordance with the Patient Protection and Affordable Care Act of 2010. As a state partnership marketplace, AHC is federally funded through a grant from the U.S. Department of Health and Human Services.