What is the SHOP?

December 21, 2013

The SHOP is the Small Business Health Options Program under the new Health Reform law.


Starting in 2014, the SHOP is available for small businesses with less than 50 full-time equivalent employees. We'll help you determine if the SHOP plans will help your business, as assist in enrollment. 


Starting in 2016, businesses up to 100 employees can use the SHOP to shop for health coverage for employees.


If you are Self-Employed (business of one), then you will not use the SHOP, but you can shop for individual policies through the exchange instead.

 

Small Business Health Care Tax Credit:

 

If your business qualify for a small business tax credit, you can only apply it to plans purchased through the SHOP. You can still work with your agent, broker, or private exchange (that's us!) to help you with SHOP plans.

 

 

 

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