If your business qualifies as small (fewer than 50 full-time employees and full-time equivalents FTEs), you are not required to offer coverage.
Small business owners who want to offer health insurance coverage have options such as:
- Small Business Health Options Program (SHOP)
- Health reimbursement arrangements (HRAs)
- Health Savings Accounts and health plans with tax-saving benefits
Have questions about SHOP coverage for businesses with 50 or fewer employees? Contact the SHOP Call Center at 1-800-706-7893 (TTY users can call 1-888-201-6445).
Hours: Monday through Friday, 9 a.m. to 5 p.m. EST.
Note: Businesses with over 50 employees may have to make what’s called a Shared Responsibility Payment. This payment may be required if they do not offer coverage that meets certain standards.