Get Ready to Enroll in SHOP Coverage
The SHOP (Small Business Health Options Program) coverage offers the easiest way to find and purchase health insurance that meets the needs of your employees—and your company.
To be eligible for SHOP coverage, your company must have 50 or several FTE (full-time equivalent) employees and meet specific other requirements. Starting November 1, 2021, you will be able to enroll in the SHOP Marketplace coverage entirely online for the first time. You can apply, select insurance coverage, and register yourself, or you can work with a broker or agent.
How to Prepare for SHOP Coverage
Here are some quick steps you can follow to prepare for enrollment in the SHOP Marketplace:
- Get more information on SHOP coverage through your state agency website and consult with your employees to find their coverage requirements.
- Browse Insurance Shopping to check if you are eligible based on your worker and employee count.
- See 2022 insurance plans and cost estimates now.
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About the Author: Lucas Reynolds
Lucas Reynolds is a personal finance writer and insurance researcher who helps readers navigate auto, home, health, life, and Medicare coverage. He breaks down complex policy details and industry updates into clear, practical guidance so you can compare options with confidence. His work draws on years of analyzing insurance markets and regulatory changes, from Medicare premium adjustments to regional coverage variations. Lucas focuses on giving you the facts you need to make informed decisions, without the jargon.
