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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.

Medicaid Drug Rebate

A rebate paid by participating pharmaceutical companies to Medicaid in exchange for coverage of their products.