SHOP Exchanges To Be Delayed

In addition to the “glitches” that users are experiencing with the new healthcare Exchanges, the government has experienced issues in rolling out SHOP. SHOP is an exchange that is targeted at small employers. Employers who use SHOP may be eligible for a variety of tax benefits for providing insurance to their employees. Like the individual Exchanges, SHOP was supposed to have been rolled out on October 1st. However, due to technical issues, SHOP will be unavailable until November.

Although online enrollment is unavailable, small employers can still use SHOP for some features. SHOP currently allows users to view plans and prices that are available in their areas. Employers can also currently apply by mailing in a paper application. Although employers cannot enroll online yet, now is an ideal time to review the options provided by SHOP and to determine if your business is eligible for tax benefits.

© 2013 Parsonage Vandenack Williams LLC

For more information, contact info@pvwlaw.com

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