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Indiana employers overlooked health incentive tax break

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Only two companies in the state took advantage of the health insurance tax credit introduced under the Indiana Check-Up Plan last year.

The plan granted credits of $50 per employee to businesses that provided employee health care coverage for their workers under a Section 125 cafeteria plan. The credit applied only to businesses that did not provide coverage in the prior year.

Mitch Roob, secretary of the Indiana Family and Social Services Administration, said in an Associated Press report that many employers might not be aware of the credits. “We are looking forward to doing more outreach and marketing for this piece of the plan and getting more businesses signed up,” Roob said.

Indiana Business Magazine reported in March that more than 50 companies had signed up to certify wellness plans, another way to earn new tax credits under the Indiana Check-Up Plan. But the Associated Press reported that only eight companies filed for the credits. Collectively, they saved $19,699.

Businesses with between two and 99 employees can qualify for the wellness credits by providing certified programs that help employees quit smoking, lose weight and make other healthy lifestyle changes.

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