Tuesday, January 12, 2016

SHOP Marketplace Application

Dana Halvorson

According to a January 11, 2016, email from the Centers for Medicare & Medicaid Services (CMS), if you submit your initial group enrollment Small Business Health Options Program (SHOP) Marketplace application and make your initial payment by January 15 -- your coverage can be in place as early as February 1.

As noted on the HealthCare.gov website, the SHOP Marketplace is for small employers who want to provide health and dental coverage to their employees. To use the SHOP Marketplace, your business or non-profit organization must have 50 or fewer full-time equivalent employees (FTEs). (Some states may use different employee maximums for 2016.) If you need assistance, you can call the SHOP Call Center at 1-800-706-7893 (TTY:711) Monday through Friday from 9am to 7pm ET or visit HealthCare.gov. For in-person assistance, find a SHOP-registered agent or broker in your area.

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