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Group Benefits Under the Health Care Reform Act

The new SHOP (Small Business Health Options Program) offers businesses with 50 or fewer full-time employees affordable group health care plans to comply with provisions of the Affordable Care Act (ACA). The SHOP Marketplace offers benefits to both employees and business owners. Among the menu of employee benefits, SHOP offers the following important features for small businesses.

  • More control over the plan the company offers and the amount owners contribute to employee premium costs.
  • Ability to compare health plans equally–and in simple English–to make the best selection for your company.
  • Potential to receive the small business healthcare tax credit, which could equal up to 50 percent of health insurance premium costs.
  • Business owners who have no full-time or full-time equivalent employees (FTEs) can shop the healthcare marketplace for individual plans instead of the SHOP group plan program.
  • Covered California™ SHOP is the business marketplace for Los Angeles and surrounding areas in southern California.

Save-On Health Insurance Services, Inc. a trusted source for affordable insurance coverage in California for over 28 years, can help business owners make the best choices to comply with the provisions of the ACA. Business owners seeking experienced, expert advice should contact Save-On Health Insurance Services, Inc. now to learn valuable information and pricing for the group healthcare plans and potential tax benefits available. You and your employees will benefit from the right group healthcare plan.