NY State of Health, the state’s official health plan Marketplace, announced a boost in participating employers in New York’s Small Business Marketplace (SBM) due to significant changes made earlier this year.
State officials said it’s now easier for small businesses to access the federal Small Business Health Care Tax Credit, and there are more health plans for employers to choose from through New York’s SBM.
In the first five months of New York’s re-vamped SBM, the number of participating small employers increased by over 300 percent and now exceeds 9,000.