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Nationwide Small Enterprise Week: Conserving Small Companies Wholesome

Printed on Could 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 international competitiveness — it’s necessary to consider well being care choices.

For those who’re the proprietor of a enterprise with fewer than 50 full-time equal workers, you will have selections that may make insurance coverage extra reasonably priced, versatile, and simple to enroll in.

The Small Enterprise Well being Choices Program might help

The Small Enterprise Well being Choices Program (also called SHOP) might help your small enterprise provide high quality medical insurance that meets your workers’ wants and stays inside finances.

5 advantages of SHOP

  1. Entry to tax credit: Shopping for protection via the SHOP Market is the one method 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.
  2. Management over prices: The SHOP Market enables you to determine up entrance how a lot to contribute to premiums. Plans can’t cost increased premiums due to increased medical prices or pre-existing situations.
  3. Yr-round enrollment: You usually can join protection any month of the yr. So it’s simple to supply workers insurance coverage when it’s proper for the enterprise.
  4. Versatile protection choices: There’s quite a lot of plans out there. You’ll be able to let your workers select amongst a number of (in the event that they wish to) so workers can choose a plan that‘s proper for them.
  5. Help: Get in-person help from brokers and brokers or educated navigators. They might help make the shopping for course of even less complicated. You too can contact the SHOP Name Middle at 1-800-706-7893 (TTY: 711) weekdays from 9 a.m. to 7 p.m. ET.

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