If your financial problems have reached the point where you do not see a way out and you feel as though you are drowning in debt, your best way out is through declaring bankruptcy. Filing may well allow you to get your finances back on track Thankfully, there are now several web sites that are there to help people like you with bad credit to find the fast personal loans that you need. When you have bad credit, the first thing that you should be looking for is a loan company that
Small businesses are those with no more than 100 employees. Health care reform is expected to lower costs for small businesses in Kentucky, allowing them to attract and retain good employees with comprehensive group health insurance plans. Kentucky is one of the states that have gone ahead with establishing a Health Benefit Exchange. There is a lot of debate on whether the Affordable Care Act has lowered the costs of Kentucky group health insurance for small employers.The Kentucky health exchange which was established in July, 2012, is expected to create a virtual marketplace for small businesses and individuals to compare coverage, provider networks and costs when shopping for insurance plans. Carrie Banahan, director of the exchange office says that Kentucky will receive about $60 million in grants to develop and implement Medicaid and exchange systems which will be supported by federal funds through 2014. The KY health insurance exchange is expected to be self-sustaining.Health care reform makes small employers eligible for a health care tax credit. Starting in 2014, the small-business tax credit will go up to 50% for qualifying small businesses. The tax credit is expected to help businesses afford the cost of covering their employees health insurance. Small business owners can choose from affordable private Kentucky health plans available through the state health exchange. To qualify for the tax credit, small businesses must satisfy the following conditions:
- The employer should have fewer than 25 full-time employees or its equivalent (for instance, less than 50 half-time employees)
- The employer should provide at least half of the cost of health care coverage for some of its workers based on the single rate
- The average annual wages that the employer pays is below $50,000