Affordable, easy-to-purchase health plans for small businesses
Changes to health care, including the Affordable Care Act, mean that your business has more coverage choices than ever to offer your employees.
Small businesses (generally those with fewer than 51 employees) now have the option to shop on a public exchange. The Public exchange option for Small Businesses is referred to as the Small Business Health Options Program – or “SHOP.” Until 2016, most states are limiting SHOP to businesses with 50 or fewer employees.
Experts predict that by 2016, more than 25 million people will use exchanges to buy health insurance.*
So, what’s a health insurance exchange?
It’s an online marketplace where shoppers can compare health plans before buying. Public exchanges are run by the state, the federal government or cooperatively by both.
Here are some reasons why buying coverage from us is simple and makes so much sense:
- You can offer employees choices and options.
- Plans can be tailored to suit the needs of your business.
- You’ll have access to a web site dedicated to answering your questions.
- Online tools help you to understand your potential savings, tax credits and costs.
Health insurance exchanges made simple
Public health exchanges are new and everyone has questions. We have answers to questions, such as:
- What plans can I offer employees through exchanges?
- What do these new plans cover?
- What kind of financial assistance is available through the public exchanges to me and to my employees?
- Where is Aetna participating on public exchanges for both individual and SHOP?
- Are there added costs associated with offering health insurance to employees?
- How will the individual mandate affect our employees and our business?
Impact on larger businesses
The Affordable Care Act affects all businesses, large and small. If your business has more than 100 employees, there’s still a lot you need to know.
Aetna is the brand name used for products and services provided by one or more of the Aetna group of subsidiary companies, including Aetna Life Insurance Company and its affiliates (Aetna).
*Health Care Reform: What is a health insurance exchange? Available at http://www.aetna.com/health-reform-connection/reform-explained/video-exchanges.html. Accessed February 14, 2014.