Printed on Might 5, 2016
It’s Nationwide Small Enterprise Week. As we acknowledge and have a good time the contributions small companies make — like job creation, innovation, and world competitiveness — it’s essential to consider well being care choices.
In the event you’re the proprietor of a enterprise with fewer than 50 full-time equal workers, you may have decisions that may make insurance coverage extra reasonably priced, versatile, and simple to enroll in.
The Small Enterprise Well being Choices Program will help
The Small Enterprise Well being Choices Program (also called SHOP) will help your small enterprise provide high quality medical health insurance that meets your workers’ wants and stays inside price range.
5 advantages of SHOP
- Entry to tax credit: Shopping for protection via the SHOP Market is the one means so that you can make the most of the Small Enterprise Well being Care Tax Credit score. The smallest employers can save 50% of the price of their premiums.
- Management over prices: The SHOP Market permits you to determine up entrance how a lot to contribute to premiums. Plans can’t cost larger premiums due to larger medical prices or pre-existing situations.
- 12 months-round enrollment: You typically can join protection any month of the yr. So it’s straightforward to supply workers insurance coverage when it’s proper for the enterprise.
- Versatile protection choices: There’s quite a lot of plans accessible. You possibly can let your workers select amongst a number of (in the event that they need to) so workers can choose a plan that‘s proper for them.
- Help: Get in-person help from brokers and brokers or skilled navigators. They will help make the shopping for course of even less complicated. You may as well contact the SHOP Name Heart at 1-800-706-7893 (TTY: 711) weekdays from 9 a.m. to 7 p.m. ET.
