Profile image
Story Views

Last Hour:
Last 24 Hours:

SHOP Sweat

Monday, November 7, 2016 8:48
% of readers think this story is Fact. Add your two cents.
How desperate are the rocket surgeons in DC to make something – anything, really – of the Small Business Health Options Program (SHOP)? This desparate (via email from CMS):

Do you know that from November 15 through December 15, small businesses can enroll in SHOP Marketplace coverage without meeting a Minimum Participation Rate (MPR) requirement? Think about your new and existing clients who may not otherwise be able to meet the minimum participation requirement.”

Now why is this a big deal?

Well, let’s just say that the response to the program has been underwhelming:

After nearly two years in operation and millions of dollars spent in development … about 85,000 people, from 11,000 small businesses, have coverage through the [SHOP].”

So now we know why the gummint would (illegally, natch) lift its own requirements. But then one is faced with the dilemma of Chesterton’s Fence:

Carriers require certain participation levels because of “adverse selection;” that is, if only those with health problems sign up, then the carrier is going to be losing money very quickly since there’s no corresponding offest from healthy employees.

But then, understanding basic insurance principles was never a string suit of O’care proponents in the first place.

Original content copyright © InsureBlog


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.