Iowa business owners welcome proposed health insurance tax break - WGEM.com: Quincy News, Weather, Sports, and Radio

Iowa business owners welcome proposed health insurance tax breaks

Posted:
FORT MADISON, Ia. (WGEM) -

Under the recent health care reform guidelines, small business owners who offer health insurance to their employees will get a federal tax break.

Those in Iowa could get additional money from the state. Under a proposal in the Iowa Senate, businesses who have up to 24 employees and cover at least 50 percent of their employees' health insurance costs would get a state income tax break.

Matt Mohrfeld, owner of Matt's Greenhouse in Fort Madison, says while any additional help is welcomed, he is skeptical of how it would be implemented.

"It's definitely something to take a look at," Mohrfeld said. "The things that I would be cautious about would be if it's over bureocratic if there is really a net gain to all the people involved."

The proposal has passed a committee and now goes before the full Senate.

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