Other than SHOP, what other coverage options do small employers have?

Small employers have the option to access off-Exchange small group plans in addition to the Small Business Health Options Program (SHOP). These off-Exchange plans are offered by insurance carriers outside of the health insurance marketplace and can provide a variety of health insurance options that meet the needs of small businesses. This choice allows employers to bypass some of the limitations and requirements of SHOP while still ensuring their employees have access to essential health coverage.

Individual plans, while available, typically do not offer the same benefits to small employers as group plans. Short-term health plans generally do not provide comprehensive coverage and are designed to fill temporary gaps, making them less suitable as a primary option for small group coverage. Group travel insurance is also not an appropriate substitute for comprehensive health coverage as it is specific to travel-related needs and does not cover routine healthcare. Thus, off-Exchange small group plans serve as a more comprehensive and effective alternative for small employers looking for coverage options beyond SHOP.