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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.

Minimum Creditable Coverage

Refers to the minimum level of benefits that must be in an insurance plan in order to consider an individual to be insured.