If you are a small business owner in North Carolina looking to purchase small group health insurance for your employees, the Small Business Health Options Program or SHOP Marketplace offers a simple, convenient solution.
In 2014, SHOP will be open to small businesses with 50 or fewer full-time equivalent (FTE) employees. In 2016, it will be open to employers (“large businesses”) with up to 100 FTEs.
1. Control. When you purchase a health insurance plan for your small business through the SHOP Marketplace, you control how much coverage you offer, as well as how much you pay toward your employees’ health insurance premiums.
2. Compare. The SHOP Marketplace enables employers to compare small business health insurance plans online to make the best choice for your company and your employees.
3. Save. Healthcare tax credits are available to small businesses that meet certain qualifications and purchase employer health insurance plans through the SHOP Marketplace.
Did you know there is a unique Small Business Group Health Insurance Options Program Marketplace for North Carolina small businesses, or that there are state-specific guidelines for SHOP enrollment?
With so much information out there, it’s good to know you have the small business insurance experts at Independent Benefit Advisors helping you. Call us today at (919) 303-9690 to learn about group health insurance options for small businesses in NC.
Independent Benefit Advisors is proud to serve small businesses in Apex, Raleigh, Durham, Cary, Charlotte, Fuquay-Varina, Greensboro, Rocky Mount, Sanford, Wake Forest, and other North Carolina locations.