If you're enrolling inSmall Business Health Options Program (SHOP)insurance, you need toconfirm that your business meets enrollment requirements by using the new SHOP Eligibility Determination Form. To complete your SHOP eligibility determination, youll have to enter some basic information about your business and confirm that: You have between 1-50 employees At least one employee enrolling in coverage is not a business owner or spouse of a business owner You have a business location in the state where youre applying for SHOP coverage You are offering SHOP insurance to all full-time employees If youre eligible, you should keep the response for your business's records. You may need to provide it to your insurance company to enroll in coverage, or to the IRS to claim the Small Business Health Care Tax Credit. NOTE: If you're renewing existing SHOP coverage and havent experienced a gap in coverage, you don't need to re-verify eligibility. Your eligibility status will carry over. |