SHOP Marketplace: Federal Insurance Program

SHOP Options – Can they boost my bottom Line?
Health insurance premiums are a significant expense for small employers. The federal SHOP Marketplace may be an avenue to help your business save money.
Many small business owners have opted to carry their own personal health insurance and direct their employees to the individual Marketplace for health coverage in the hope that employees will qualify for an Advanced Premium Tax Credit to help pay for their coverage.
Today, the number and type of health insurance plans available to Arizonans who purchase insurance as an individual or family has shrunk considerably and a much smaller percentage of people qualify for an APTC in Arizona than many expected.
The Small Business Health Options Program (SHOP) Marketplace has been operating since 2014 with the goal of helping small employers (those with 1-50 employees) secure affordable health plans for their employees. The SHOP Marketplace has implemented many improvements to the system for 2017 and may be a viable choice for a business owner who wants to offer employees access to plans with the level of coverage and provider networks that used to be available in the individual market.
Please join Shelly Winson of True Choice Benefits and Jim Brown of Fish Window Cleaning for a talk show style interview about the SHOP Marketplace, followed by a Q&A session where you will get the answers important to you:

• Does your business qualify to participate?
• Will you receive a small business tax credit?
• How many of your employees must participate?
• What plans are available?
• What is the business’ financial responsibility?
• How easy is the system to use, for me and for my employees?