August 28, 2019 22:49 Updated Follow Companies with fewer than 25 employees who pay average annual wages under $50,000 and pay at least 50% of the premium for single coverage may qualify for a small business tax credit to offset the cost of providing the insurance. Related articles If my employer temporarily shuts down or lays me off because of COVID-19, will I be eligible for unemployment insurance (UI) benefits? Can an employer purchase group insurance through the Insurance Exchange? Where can I get a list of HMOs and PPOs? What is an unfair labor practice? Why do ACA compliant plans cost so much more?