Which program offers a tax credit to small businesses for health care expenses?

The program that offers a tax credit to small businesses for health care expenses is known as the SHOP, or Small Business Health Options Program. SHOP is a part of the Affordable Care Act (ACA) and is designed specifically for small businesses with 1 to 50 employees (although some states may allow businesses with up to 100 employees to use the program).

One of the essential features of SHOP is that it provides small businesses the opportunity to purchase health insurance for their employees while also allowing them to qualify for tax credits to help offset the costs of providing health care coverage. These tax credits can significantly reduce the financial burden on small businesses, making it easier for them to offer affordable health insurance to their employees.

In contrast, the other options listed serve different purposes and do not directly provide tax credits to small businesses for health care expenses. Medicaid is a government program that provides health coverage to eligible low-income individuals and families, while QSEHRA (Qualified Small Employer Health Reimbursement Arrangement) allows small businesses to reimburse employees for qualified medical expenses but does not offer a broad tax credit for overall health care expenses. COBRA is a federal law that allows individuals to continue their health insurance coverage after leaving their job but does not provide any tax incentives for small businesses