Covered California's small-business operation seems to be riding out the health-care storm, announcing premium increases of only 5.6 percent for the upcoming year. That's down slightly from the 5.9 percent hike of 2017. Individual Obamacare premiums in California are expected to rise 12.5 percent for 2018. About 36,000 state residents get their health insurance via the small-business operation, which covers employees of companies ... (More)
Small biz premiums up 6%
September 16, 2016 Leave a Comment
Covered California's small group health program for business will see an average premium increase of just under 6 percent in 2017, the state Obamacare operation said. The exchange is bringing "choice, stability and rate moderation to employers, their employees and the many consumers who don't have employer-based coverage," Covered California chief Peter Lee said in announcing the average rates and program expansions. "The options ... (More)
Small business rules amended
October 14, 2015 Leave a Comment
President Obama has signed legislation that makes a significant change in the health law's small business rules, following a rare bipartisan effort to amend the health law. The revision updates the definition of "small employer" under the health law so that companies with 51 to 100 workers will not become subject to the small group insurance reform provisions next year. Instead, the new law allows those companies to continue as large ... (More)
10 insurers for Covered Cal 2015
August 1, 2014 Leave a Comment
Covered California has unveiled the 10 health care insurance companies that will participate in the state's Obamacare individual marketplace in 2015. All of the companies provided Covered California policies in 2014, the first year of the state healthcare exchange's operation. The 2015 Covered California companies are: Anthem Blue Cross of California Blue Shield of California Health Net Kaiser Permanente Chinese Community ... (More)
Health extension for small business
July 8, 2014 Leave a Comment
Small businesses in California have won another year to update their employee health insurance to policies that are in full compliance with the Affordable Care Act. The employers had been required to move by the end of the year to plans that met the minimum standards under the Affordable Care Act. Insurance Commissioner Dave Jones noted that many small employers would upgrade to new policies anyway, but the new law "provides ... (More)
Recent Comments