The Small Group Definition Has Changed. Will Your Business Be Impacted?
Under the original provisions of the Affordable Care Act, the term “small business” applied to companies with no more than 50 employees. As of January 2016, that definition has changed. If your firm has 1 to 100 full-time equivalent employees, you are now eligible to purchase healthcare coverage through Covered California. Known as the Small Business Health Options Program (SHOP),