The Small Business Health Options Program (SHOP) recognizes your hard work and is here to support you year-round by providing the resources you need to offer affordable, flexible, and convenient health insurance to your employees. If youâre considering a SHOP health insurance plan for your employees, check out these tools and resources to help you make an informed decision.  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: Providing SHOP coverage may qualify you for reimbursement of up to 50% of the premiums paid! 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: In most states, at least 70% of employees must accept your SHOP coverage offer. This calculator helps predict whether youâll meet your stateâs MPR required to enroll in SHOP.  See SHOP plans and prices: Enter your Zip code to see what plans are available in your area and an estimated cost of the plans.   Have questions? Contact a SHOP-registered agent or broker for help with SHOP coverage. For additional assistance, contact the SHOP Call Center at 1-800-706-7893 (TTY: 1-888-201-6445).  To learn more about Health Reimbursement Arrangements (HRAs), visit this webpage. Talk to a licensed tax professional, benefits specialist, or a registered agent or broker to find out more about whether an HRA or traditional group coverage is right for your business. |