Loan & Distribution Specialist AimPoint Pension
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Bates & Company, Inc.
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Regional Vice President of Sales The Retirement Plan Company
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HHS Delays Online Access to SHOP Marketplace until November 2014, Provides for Interim Direct Enrollment for SHOP Marketplace Coverage
U.S. Department of Health and Human Services [HHS] [Official Guidance] Nov. 27, 2013
Excerpt: "For small businesses in states with a SHOP Marketplace that's run by the federal government, we are making changes to make sure that you can take advantage of SHOP coverage and the tax credit as soon as possible. Specifically, for 2014, small employers will enroll their employees in coverage through an agent, broker, or insurer that offers a certified SHOP plan and has agreed to conduct enrollment according to HHS standards. This process, called 'direct enrollment,' is similar to how most small employers get insurance today. You don't need to apply for SHOP eligibility before enrolling, or to use HealthCare.gov, unless you'd like to see information on your plan options, including which insurance companies offer SHOP Qualified Health Plans in your area.... If you want your employees' coverage to begin on January 1, the current enrollment deadline is December 15. In the Federally-facilitated SHOP, we intend to extend this deadline to December 23.... [W]e anticipate that small employers throughout the country will have online access to an online SHOP Marketplace by November 2014. Also, for the first time ever, small employers in all 50 States and the District of Columbia will be able to offer their employees a choice of plans from multiple issuers while making a single monthly payment, for coverage taking effect on or after January 1, 2015."
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