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Small Business Health Options Program (SHOP) FAQ

Guidance for FAQ regarding Issuer Participation Requirements and Bank Account Setup

Issued by: Centers for Medicare & Medicaid Services (CMS)

Issue Date: September 11, 2014

Program Area: Small Business Health Options Program (SHOP)

Question: If an FF-SHOP issuer is doing business in more than one state and using the same bank account, is the issuer required to have a unique Payee ID for each state?

Answer: If an FF-SHOP issuer's business falls under the same Tax ID, then a single Payee ID is sufficient. If an issuer's business falls under multiple Tax IDs, then a unique Payee ID is required for each Tax ID.

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DISCLAIMER: The contents of this database lack the force and effect of law, except as authorized by law (including Medicare Advantage Rate Announcements and Advance Notices) or as specifically incorporated into a contract. The Department may not cite, use, or rely on any guidance that is not posted on the guidance repository, except to establish historical facts.