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- Small Business Health Options Program (SHOP) helps businesses provide health coverage to their employees1. Here are some key points about SHOP coverage:
- Generally available to employers with 1-50 full-time equivalent employees (FTEs)1.
- If you have fewer than 25 employees, you may qualify for the Small Business Health Care Tax Credit1.
- SHOP plans are offered by private insurance companies and cover essential health benefits and pre-existing conditions2.
- Employers can offer qualified employees one plan or let them choose from multiple plans from participating insurance companies2.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The Small Business Health Options Program (SHOP) helps businesses provide health coverage to their employees. SHOP insurance is generally available to employers with 1-50 full-time equivalent employees (FTEs). If you have fewer than 25 employees, you may qualify for the Small Business Health Care Tax Credit, if you buy SHOP insurance.www.cms.gov/marketplace/employers-sponsors/s…SHOP plans are offered by private insurance companies and cover essential health benefits and pre-existing conditions. Small employers enrolling in SHOP coverage can offer qualified employees one plan or let them choose from multiple plans from one or more participating insurance companies.www.agentbrokerfaq.cms.gov/s/article/What-is-the … - People also ask
Shop Resources
Applying & enrolling in SHOP insurance. Employer Guide to SHOP Insurance …
Tools & Calculators
Number of employees not accepting your SHOP coverage offer who don’t have …
See If Your Business Qua…
To offer Small Business Health Options Program (SHOP) health and/or dental …
Working With a Shop Agent …
Choosing an agent or broker. Work with your current agent or broker: You can …
Health Coverage for Self-…
IMPORTANT: Businesses with no employees (other than owners or their …
Tax Credit Estimator
Health coverage & your taxes; Tax Form 1095-A 'Reconcile' tax credit; Browse all …
SHOP Insurance: Essential Guide for Small Business Owners
WebNov 2, 2022 · Small business employers can use SHOP to purchase group health insurance for employees. It’s an online health insurance exchange where eligible employers — typically those with 1 to 50 eligible …
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