Tweet This

Small Business Health Options Program (SHOP)

Similar to the individual market exchanges (or marketplaces) the SHOP exchanges allow small businesses to select health plans for their employees (or contribute to employee selected health plans). As with the individual market exchanges, the SHOP exchanges can be run by the federal government or by the individual states.

Market Power

The size of one firm relative to its competitors in a given market. Certain insurers or health systems have greater market power which enhances their…