Arizona To Cover Insurance Costs For Small Businesses
In an effort to make health insurance a more realistic proposition for small businesses, Arizona has launched a new program that will help entrepreneurs foot the bill.
The Department of Revenue program, which began on Sept. 21, provides coupons worth as much as 50% of insurance premiums to uninsured small businesses with two to 25 employees. Companies must apply for the coupons, which come with a cap of $1,000 per individual.
The coupons are only available to companies that have not offered insurance for at least six months.
The coupons issued by the Department of Revenue are good for up to three years, at which point business owners will be better able to afford coverage on their own.
Photo by Indy Charlie.
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