The Small Business Health Options Program (SHOP) can help employers offer high-quality, affordable health and/or dental insurance coverage to employees directly from certified insurers. The Small Business Marketplace (SHOP) is the only place where employers can take advantage of the Small Business Health Care Tax Credit, if eligible.
Employers can compare multiple plans and insurers. Contact us now to find out about the plans and rates available in your area.
To purchase or offer SHOP insurance,
01
A business or non-profit organization generally must have 2 to 50 employees.
02
A business can qualify for the Small Business Health Care Tax Credit if it has fewer than 25 full-time equivalent (FTE) employees earning an average of $56,000 or less.
03
If eligible, you don't have to wait for an Open Enrollment Period. You can start offering SHOP coverage to your employees at any time of the year.
SHOP coverage can help you offer your employees choice and flexibility for health coverage, dental coverage, or both. Employers can help pay for employees’ premiums and decide whether to offer coverage to their dependents, as well as how long new employees must wait before enrolling. Some reasons to offer SHOP coverage are
Choice and flexibility
Make informed decisions about insurance options
Dedicated broker to help you through the process
Potential eligibility for small business health care tax credits
