Small Group Health AB 1672 Insurance Reforms - Guaranteed Issue with 2 employees Insurance Code 10700 AKA AB 1672 -

2 - 50 Employee's

Steve Shorr Insurance

California - Office (310) 519-1335 Toll Free (888) 277-8219

Small Group Health Insurance Reforms, were instituted in 1992 with the passage of AB 1672 which provides that ALL Small Business §10700 (w) Employer Groups from 2 - 49 employees now have GUARANTEED availability of Medical Insurance coverage from ANY Insurance Company or HMO that writes business in California under Insurance Code §10702, as long as the requirements of §10705 (g) are met, the carrier must accept the Employer's application. click here to get the specific details on how to qualify for the GUARANTEED issue coverage that this law provides.

To view the rates and benefits, for Small Group Health Insurance, just complete the online form and they will be provided to you immediately 24/7 if you get stuck, call us at (310) 519 1335, fax us a census or use Live Chat.

Features

	Guaranteed renewable under §10713.
	An §(f)Eligible employee that can/must be covered, is basically one who works 30 hours/week for full time and 20 hours/part time.
	An employee or dependent can't be excluded for medical reasons§10707.
	Pretty much there are no Pre - X limitations per §10708
	HMO's don't have a Pre - X clause and the clause in PPO's can be waived if the employee has §(r) credible coverage.
	The rates or premiums for Employers are "leveled," that is they and can't vary more that 20% from the Healthiest to the sickest group that might have the most claims. This factor is known as the "Risk adjustment factor" or RAF and is basically determined by the claims experience or expected losses and how many employees are in the group.
	There are Penalties for non-compliance

Requirements

	Participation requirements and employer contribution requirements §10706 Generally 75% of employees must be on the plan and the employer must contribute at least 50% of the employee premium.
	Employees should be added on promptly, as soon as the waiting period allows them, so that they are not considered Late Enrollees