Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance > Health Insurance

SHOP offers enrollment holiday

Your article was successfully shared with the contacts you provided.

The Centers for Medicare & Medicaid Services says agents and brokers have an incentive to help small employers jump into the public exchanges early.

Employers that sign up for Small Business Health Options Program plans during an annual special enrollment period — from Nov. 15 through Dec. 15 — can get coverage without meeting the standard 70 percent employee participation minimum.

CMS mentioned the special enrollment period provision in a fact sheet for exchange agents and brokers who will help employers enroll.

One possible headache: Producers will have to help employers decide whether to contribute the same amount for each employee — or pay an age-based premium.

See also:


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.