All About SHOP & How It Can Benefit Your Small Business

Are you a small business owner who employs less than 50 full-time employees? If so, the SHOP marketplace is available to you! If you employ less than 25 full-time employees, you may even be eligible for tax credits! Here’s all you need to know about the SHOP marketplace, and how it can benefit your business:

• SHOP stands for the Small Business Health Option Program.
• There are up to 4 different levels of coverage that you are authorized to choose from to ensure you are getting the proper coverage for your employees.
• Your policy can begin right away! If you enroll before the 15th of the month, your policy can start as soon as the 1st of the next month.
• For small business owners who employ less than 25 employees, you are eligible for a tax credit that can amount to almost 50% of your premium rate.
• You are in charge of how much coverage you get, and how much you contribute to employee premiums.

Talk to your insurance agent about enrolling in a SHOP plan! Located in Sonoma County, Sackett & Associates Insurance Services will pay attention to your insurance needs, and ensure that you get the perfect policy for you. As an independent insurance agency, we work for you! Contact Sackett & Associates Insurance Services for any insurance inquiries in California.