On October 27, the U.S. Department of Health & Human Services (HHS) announced that the Federally-Facilitated Small Business Health Options Program (SHOP) Marketplace Early Access is operational in Delaware, Illinois, Missouri, New Jersey and Ohio. The federal SHOP "Marketplace" (the government's preferred term for what many states still refer to as "exchanges") was established under the Affordable Care Act.
SHOP exchanges are intended to help small businesses with 50 or
fewer full-time equivalent employees provide health coverage to
their employees. The "Early Access" period will
allow companies and their agents and brokers to open SHOP accounts,
complete applications, upload employee rosters, and take other
preliminary steps. All features of the federal website are expected
to be available on November 15, at which time employers will be
able to browse and select insurance plans.
As discussed
here, state SHOP exchanges are off to a slow start in the 15
states, plus the District of Columbia, where they have been
available since October 2013. One should probably expect a
similarly tepid response to the launch of the federal SHOP
Marketplace, which will serve businesses in 32 states.
The 15 states in which SHOP exchanges are already operating are
California, Colorado, Connecticut, Hawaii, Idaho, Kentucky,
Massachusetts, Minnesota, Nevada, New Mexico, New York, Rhode
Island, Utah, Vermont and Washington. In addition, Maryland,
Mississippi and Oregon plan to start their own SHOP exchanges.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
