Small Business Health Options Program (SHOP) FAQ
Guidance for FAQ regarding Employer/Employee Interaction and Payment
Program Area: Small Business Health Options Program (SHOP)
Question: How long will the Centers for Medicare & Medicaid Services (CMS) give the employer to reconcile non-sufficient funds (NSF) on initial premium payments?
Answer: The FF-SHOP must have a valid employer payment by the 26th of the month. If the FF-SHOP does not have a valid payment for a group by the 26th of the month, the FF-SHOP will send a cancellation transaction to issuers at that time.
Issued by: Centers for Medicare & Medicaid Services (CMS)
Issue Date: September 05, 2014
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