SHOP (Small Business Health Options Program) Marketplace

A health insurance exchange that helps small business owners provide medical and dental insurance to their employees. Some smaller employers qualify for tax credits if they buy health insurance through the SHOP Marketplace.

A small business can offer health and dental insurance to their employees through the SHOP Marketplace if they:

  • Have 50 or fewer full-time equivalent employees. Note: The business must have at least one full-time equivalent employee other than owners, partners, or their family members.
  • Offer coverage to all full-time employees
  • Enroll at least 70% of the employees offered insurance (with some exceptions)

Small business owners can apply online or use an agent or broker to enroll in SHOP insurance. There’s no limited enrollment period for the SHOP Marketplace, so they can apply, pick plans, and enroll employees any time of year.

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