California Reintroduces Health Insurance Mandate Enforced by New Tax Penalty

California Reintroduces Health Insurance Mandate Enforced by New Tax Penalty

Governor Newsom reintroduced the tax penalty for not carrying health insurance for 2020. California and a handful of other states have countered to the federal government with their own state-wide tax penalties to enforce the Affordable Care Act’s health...
Covered California releases  Regional Health Insurance Rates for 2020

Covered California releases Regional Health Insurance Rates for 2020

Covered California released on July 19th, 2019 the regional rate changes for the individual and family (IFP) health insurance market for 2020. Unlike in the last few years where we saw rate increases of 8-12 percent, for 2020, we are seeing a statewide weighted...
Covered CA released preliminary 2020 Renewal Rates

Covered CA released preliminary 2020 Renewal Rates

On July 9th, 2019, Covered CA released its preliminary rates for the individual and family market with a weighted average premium increase of 0.8%, a major relief from the 8.4% weighted average premium increases Californians saw from 2015-2019. Furthermore, Covered CA...
How cafeteria plans benefit both the employer and employees

How cafeteria plans benefit both the employer and employees

If you have a business that offers your employees health, dental, vision or life insurance with employee contributions you should strongly consider implementing a Cafeteria plan. Don’t let the name fool you, it has nothing to do with the consumption of any...