Small Business Health Options Program (SHOP) FAQ
Guidance for FAQ regarding Issuer Participation Requirements and Bank Account Setup
Program Area: Small Business Health Options Program (SHOP)
Question: Since issuers receive separate 820 files for Federally-facilitated Marketplaces (FFM) Individual Market and Small Business Health Options Program (SHOP) payments, can issuers direct premium receipts from the two markets into two separate bank accounts?
Answer: Issuers may establish only one bank account for payments from both the Individual Market and the SHOP.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: July 25, 2014
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