News Headlines Article

Businesses question insurance tax credits
Ventura County Star

California small-business owners expected to be early beneficiaries of health reform, with billions of dollars in federal tax relief flowing this month to help them purchase medical coverage for their employees.

But many said the 35 percent credits granted under the hard-fought legislation have run into a new hurdle: a buzz saw of rate increases by insurance companies, including 58 percent to 75 percent hikes levied recently by Blue Shield of California.