The SHOP Marketplace provides consumers, both employers and employees, with many benefits. Only QHPs (Qualified Health Plans) will be offered through the Marketplaces.
Consumers will be assured that the available plans meet network adequacy and benefit design standards of the SHOP.
Premiums for the employers and employees will not be based on their health or medical history, but can only vary based on age, family composition, geographic area, and tobacco use.
A SHOP provides unbiased information and comparison tools for consumers. The tools available through the Marketplaces will help agents provide consumers with “apples to apples” comparisons among health plans.
In some cases, the employer may be eligible for Small Business Tax Credits.(Only available in 2014)
Next Topic: Small Business Tax Credits
Agents and Brokers are required to be trained to assist consumers with the application and decision making process. Using an Agent to enroll in a ObamaCare Health Plan will be the primary choice of many americans. After all agents have the inside track on companies and their promptness to handle claims and pay benefits in atimely fashion.