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...
Anthem announces another 20%+ rate increase to grandfathered plans

Anthem announces another 20%+ rate increase to grandfathered plans

Did you just receive a rate increase notice from Anthem of a steep 20%+ increase to your grandfathered health insurance plan? Are you tired of your annual rate increases? If so, your grandfathered plan rate increase is considered a qualifying life event, meaning you...
Newsom Proposes New Health Insurance Mandate & Tax Penalty

Newsom Proposes New Health Insurance Mandate & Tax Penalty

On Governor Newsom’s first day in office, Newsom proposed reinstating the tax penalty for not having Affordable Care Act-compliant, comprehensive health insurance coverage. The proposal is in response to the recent removal of the federal tax penalty for not...