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®: CRE Regulatory Action of the Week
GAO Reports on Small Business Health insurance Exchanges
The Patient Protection and Affordable Care Act required SHOPs -- exchanges, or marketplaces, where small employers can shop for health coverage for their employees -- to be established in all states. States may elect to establish and operate SHOPs themselves or allow CMS to do so within the state. Enrollment in SHOPs was to begin in October 2013, with coverage effective as early as January 2014. GAO was asked to examine the early implementation experiences of the SHOPs. GAO found and reports that although all of the Small Business Health Options Programs (SHOPs) required by the Patient Protection and Affordable Care Act were operational, many features were not yet available and enrollment was low as of June 2014.
Click here for GAO report.
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