Printed on Might 5, 2016
It’s Nationwide Small Enterprise Week. As we acknowledge and rejoice the contributions small companies make — like job creation, innovation, and international competitiveness — it’s essential to consider well being care choices.
Should you’re the proprietor of a enterprise with fewer than 50 full-time equal staff, you might have selections that may make insurance coverage extra inexpensive, versatile, and simple to enroll in.
The Small Enterprise Well being Choices Program will help
The Small Enterprise Well being Choices Program (also referred to as SHOP) will help your small enterprise provide high quality medical insurance that meets your staff’ wants and stays inside price range.
5 advantages of SHOP
- Entry to tax credit: Shopping for protection by the SHOP Market is the one manner so that you can benefit from 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 allows you to determine up entrance how a lot to contribute to premiums. Plans can’t cost greater premiums due to greater medical prices or pre-existing circumstances.
- 12 months-round enrollment: You usually can join protection any month of the 12 months. So it’s straightforward to supply staff 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 staff select amongst a number of (in the event that they need to) so staff can choose a plan that‘s proper for them.
- Assist: Get in-person help from brokers and brokers or educated navigators. They will help make the shopping for course of even easier. You may as well contact the SHOP Name Middle at 1-800-706-7893 (TTY: 711) weekdays from 9 a.m. to 7 p.m. ET.
