Affordable Care Act - changes for husband and wife groups

Definition of owner-only business

Under the ACA and California regulations, beginning January 1, 2014, small businesses must have at least one “common law” employee who isn’t the owner or owner’s spouse (or domestic partner) to be eligible for small group coverage. As a result, the following will no longer be able to renew under a group plan:

• Owner-only businesses — This is a business that’s owned and operated by an individual and that has no common law employee (an employee with a W-2 who is not an owner, spouse, or domestic partner and is listed on your DE 9C).
• Husband/wife businesses — This is a business that’s wholly owned and operated by one or both spouses and that has no common law employees.

If this applies to your business or you have questions and concerns about your options, contact me at www.TheHealthAgent.com