• Skip to primary navigation
  • Skip to main content
  • 1-800-960-1371
  • Agent Login
  • Quoting Tools
    • Life
    • Senior
  • Free Marketing Guide
  • Blog

AgentLink

With AgentLink, you have easy access to the carriers you want and the tools and resources you need to offer the best to your clients.

  • Products
        • Life
          • Info
          • Products
          • AML Training
          • Quoting Tool
        • Senior
          • Info
          • Products
          • Certifications
          • Compliance
          • Quoting Tool
        • Group Benefits
          • Info
          • Products
          • Our Process
          • Group Enrollment Form
        • Individual Benefits
          • Info
          • Products
          • Our Process
          • Enrollment Tool
        • See our Concierge Services
  • Tools
  • Resources
    • Marketing Guide
    • Carrier Links
    • Group Compliance Resources
    • Sales Webinars
    • Training Webinars
    • Insurance Marketing Webinars
  • About
  • Contact Us
  •  1-800-960-1371
  • Life Quoting Tool
  • Senior Quoting Tool
  • Marketing Guide
  • Blog
Previous
Next

SHOP not Delayed

Small Business Health Options Program (SHOP) not delayed

 

The week of April 2, 2013, the headline of an article in the New York Times led many to believe that Small Business Health Options Program (SHOP) was put on hold. That is not true. In March, the Department of Health and Human Services (HHS) suggested that some of the more difficult parts of SHOP be delayed, but HHS did not suggest that the whole program be put on hold. SHOP will still let people start signing up on October 1, 2013, for coverage effective on January 1, 2014.Below is a brief look at the final rule on exchanges and what may be delayed.

Summary of exchange final rule

The final rule from HHS called for SHOP exchanges to give employers an “employee choice” option. So, the employer would pick the level of coverage (bronze, silver, gold or platinum) and employees could then pick any qualified health plan from that level on the SHOP. This means that people working for one employer could have insurance plans from different insurance companies.

Also, to make “employee choice” work for the employer, HHS said that SHOP exchanges would have to send one bill to the employer for all employees. This way, the employer could pay one bill, and the exchange would pay the different insurance companies for each employee it covers. This is called the premium aggregation function.

Parts of SHOP that may be delayed

On March 1, 2013, HHS proposed letting exchanges put the “employee choice” option and premium aggregation functions of SHOP on hold until 2015. This does not delay the whole SHOP exchange. It just means that for 2014, SHOP exchanges can make employers choose one qualified health plan for all of their employees so that they are all covered by the same plan from one insurance company.

HHS said that if the proposed delay goes into effect, the federally facilitated SHOP will not offer the “employee choice” option or premium aggregation until 2015. State-based exchanges can decide if they want to put off these parts of the SHOP until 2015 or put them in place for 2014. HHS has not made a final decision on this rule, but we expect it to be made soon.

 

 

Source: http://news.anthem.com/bcp/index.php/articlepreview/index.html/small_business_health_options_program_shop_not_delayed

 

Filed Under: Healthcare Reform News, News and Updates

Previous Post: « ACA and the Impact on Health Reimbursement Arrangements (HRAs)
Next Post: CMS Releases Explanation of the Role of Agents, Brokers, and Web-agents in Health Insurance Marketplaces »

You might also enjoy...

Our companies health is importantWe Prioritize our Health and We Won an Award to Prove it!

Each year the Worksite Wellness Council of Louisville puts on a symposium, a partner of the Mayor’s healthy hometown movement. The 9th annual conference and awards presentation was held on May 18th at the Gheens Foundation Lodge. We got to be a part! At this event, […]

Read More
life insurance for seniorsWhat kind of Life Insurance Products are a good fit for Seniors?

At its core, life insurance is a contract between a policy holder and a life insurance company where the insured agrees to pay for a policy on a regular basis and the insurer in turn agrees to pay a sum of money to beneficiaries upon death […]

Read More

Don’t forget to browse the free tools and resources we offer our agents and prospects, including our popular online quoting tools

Download the Digital Marketing Guide

Go to Resources

Get Contracted Now

Contract with us, to get appointed with your desired carriers

Please enter your email address below  to stay up-to-date with changes in the industry.

  • This field is for validation purposes and should be left unchanged.

Copyright © 2021 · Showcase Pro on Genesis Framework · WordPress · Log in

  • About
  • Contact
  • Careers
  • Life
  • Senior
  • Group Benefits
  • Concierge Services

Agent Login

Resources

Tools

Free Marketing Guide

1-800-960-1371

AgentLink Kentucky Office
2001 Lake Point Way, PO Box 23570
Louisville, KY 40223
Toll Free: 800.960.1371
Direct: 502.245.1371
Fax: 502.245.0978

AgentLink Indiana Office
3077 East 98th Street, Suite 135
Indianapolis, IN 46280
Toll Free: 866.462.9067
Direct: 317.569.8490
Fax: 317.569.8705

Copyright © 2020 AgentLink. All Rights Reserved.
Website Design and Digital Marketing by The Marketing Squad

  • Senior Products
  • Quoting Tool
  • Get Contracted
  • Brittney: 502-245-1371
  • Life Products
  • Quoting Tool
  • Get Contracted
  • Scott: (502) 245-1371
  • Products
    ▼
    • Life
      ▼
      • Info
      • Products
      • AML Training
      • Quoting Tool
    • Senior
      ▼
      • Info
      • Products
      • Certifications
      • Compliance
      • Quoting Tool
    • Group Benefits
      ▼
      • Info
      • Products
      • Our Process
      • Group Enrollment Form
    • Individual Benefits
      ▼
      • Info
      • Products
      • Our Process
      • Enrollment Tool
    • See our Concierge Services
  • Tools
  • Resources
    ▼
    • Marketing Guide
    • Carrier Links
    • Group Compliance Resources
    • Sales Webinars
    • Training Webinars
    • Insurance Marketing Webinars
  • About
  • Contact Us
  •  1-800-960-1371
  • Life Quoting Tool
  • Senior Quoting Tool
  • Marketing Guide
  • Blog