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The federal Small Business Health Options Program is an insurance exchange, created by Patient Protection and Affordable Care Act (Obamacare). [1] The Small Business Health Options Program (SHOP) Marketplace helps small businesses to provide health coverage to their employees.
Average Costs of Small Business Health Insurance. According to the Kaiser Family Foundation, health insurance premiums for family coverage rose by 7% in 2024, marking one of the highest increases ...
Brokers help you find Small Business Health Options Program (SHOP) insurance plans and complete the Small Business Health Care Tax Credit application. Brokers share money-saving alternatives.
In March 2017, the U.S. House of Representatives passed The Small Business Health Fairness Act (H.R. 1101), which established "requirements for creating a federally-certified AHP, including for certification itself, sponsors and boards of trustees, participation and coverage, nondiscrimination, contribution rates, and voluntary termination."
Private health exchanges predate the Affordable Care Act. One example of an early health care exchange is International Medical Exchange (IMX), a company venture financed in Louisville, Kentucky, by Standard Telephones and Cables, a large British technology company (now Nortel), to develop the exchange concept in the U.S. using on-line ...
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33 million small businesses active in the U.S. as ...
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