Health care reform laws established requirements for health insurance coverage to be provided by insurance companies and employers. They expanded health insurance coverage to millions of Americans imposes coverage mandates on employers and individuals. These mandates significantly affect closely-held businesses, including those operating as C corporations, S corporations, partnerships, LLCs, and sole proprietorships. This course explores the comprehensive health care reform package and its impact on employers and closely-held businesses. Upon completion of this course, you will be able to: Identify the requirements for new and grandfathered health coverage plans; Describe the new taxes being imposed on higher-income taxpayers; Determine the basic rules for the small employer healthcare coverage tax credit; Explain the difference between the employer mandate and the individual mandate; Describe the state-established health care exchanges; Apply the rules for the premium tax credit; and Explore other aspects of the health care reform law that affects employers and businesses.