An employer can qualify for health care tax credits through the SHOP Marketplace if they have fewer than how many employees?

Employers can qualify for health care tax credits through the Small Business Health Options Program (SHOP) Marketplace if they have fewer than 25 full-time equivalent employees. This provision is designed to assist small businesses in providing affordable health insurance options to their employees.

The health care tax credits are intended to reduce the cost of premiums for small employers and are particularly beneficial for those with lower employee counts. By setting the threshold at fewer than 25 employees, the program targets assistance to smaller businesses that may struggle to afford health coverage, thereby promoting broader access to health care.

The fact that this threshold is specifically defined allows small businesses to make informed decisions regarding their employee hiring and health insurance needs while taking advantage of the financial support available through the SHOP Marketplace.