Small Business Health Options Program (SHOP) Marketplace

small business ownerAs a small business owner, in order to use the SHOP Marketplace to offer coverage to your employees, your business needs to meet certain requirements:

  • You must have 50 or fewer full-time equivalent (FTE) employees.
  • You must offer coverage to all of your full-time employees. Generally this means those working 30 or more hours per week on average. You don’t have to offer coverage to your part-time employees – generally those who work 29 hours per week or fewer.
  • In most states, at least 70% of your full-time employees must enroll in your SHOP plan.

Call today for additional information and to see if you qualify for Small Business Health Care Tax Credit.  Let’s put your plan together today.

*To learn more about Affordable Care Act (ACA) Tax Provisions for Employers, check out information here from the IRS.