What role does the FFM play in supporting small businesses?

The Federally-facilitated Marketplace (FFM) plays a significant role in supporting small businesses by providing access to the Small Business Health Options Program (SHOP). This program is designed to help small businesses obtain affordable health insurance options for their employees. Through SHOP, small businesses can compare plans, make informed decisions, and enroll in coverage that best meets their needs and budget.

The program facilitates easier access to a variety of health insurance plans, ensuring small businesses can provide benefits that attract and retain employees without overwhelming them with costs. By pooling resources and risks among many small businesses, the SHOP program helps improve affordability and choice in health coverage.

Overall, this support is crucial in the landscape of employee benefits and contributes positively to the health and welfare of workers in small businesses. The focus on affordability and choice is a key advantage of the SHOP program, setting it apart from other options that restrict or mandate insurance coverage.