Tuesday, April 28, 2020

SHOP Resources to Help You Apply


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Tools to Help Your Small Business

Calculator, Computer, List
If you’re considering enrolling in Small Business Health Options (SHOP) health insurance, there are several tools and resources available to help you get started:
  • The SHOP Full-Time Equivalent (FTE) Calculator: Calculate if your mix of full-time and part-time employees equals between 1-50 FTE employees. Generally, only businesses with 1-50 FTEs are eligible for SHOP.
  • The Small Business Health Care Tax Credit Estimator: See if your business qualifies for the Small Business Health Care Tax Credit, and if so, approximately how much it could be worth.
  • Minimum Participation Rate (MPR) Calculator: Estimate whether you’ll meet the MPR required to enroll in the SHOP coverage. In most states, at least 70% of employees must accept your insurance offer before the group can enroll.
  • Find Local Help: Find an agent or broker in your area who’s licensed and registered to sell SHOP insurance. They can advise you on your coverage options, help you enroll and answer your coverage questions.
  • See SHOP plans and prices: Visit this link and enter information about your business for a custom cost estimate.
Click the button below to find more SHOP how-to guides, fact sheets, tools, and other resources!
Find Tools and Resources Button

Questions? Contact your insurance company or an agent or broker for help. For additional assistance, contact the SHOP Call Center at
1-800-706-7893 (TTY: 1-888-201-6445).

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