Small Business Health Options Program (SHOP)
Finding the right health coverage for you and your employees is more than simply a mouse click on a website. Only licensed health insurance agents and brokers can help small businesses select the right SHOP coverage to fit their needs.
Find a SHOP certified agent at: healthcarenc.org/
Employee benefits professionals are more than simply experts in health insurance coverage. They must also be experts on a multitude state and federal laws and regulations affecting small employers including ACA-Employer Shared Responsibility Reguirements, ERISA, COBRA, and IRS Section 125. Non-compliance can mean fines and penalties not only for employers, but employees too.
Small Business Health Care Tax Credit
Some small businesses may benefit from the small business health insurance tax credits to help pay for SHOP coverage for their employees, most other business may find that due to significant rules and restrictions, choosing coverage through the SHOP may not be the best way to offer coverage to their employees.
More Health Coverage Options
Large employers enjoy many more health coverage options for their employees including fully-insured, self-funding, and level-funding options. TAHU members have experience with a variety of health coverage options.
Ancillary and Voluntary Coverage Options
Employers can offer additional types of insurance coverage to meet the needs of its employees. Products include, dental, short-term disability, long-term disability, life, dismemberment, critical illness, cancer, and accident coverage. Whether its employer-paid ancillary coverage or employee-paid voluntary coverage, TAHU members are experienced in finding the right coverage options to meet the needs of both employees and employers.
ACA Compliance ALEs
When it comes to ACA compliance, employers can depend on TAHU members. Members have access to the latest ACA guidance and can help with ACA reporting and mitigate large employer penalties.