Employee Participation Requirements of eligible employees and Premium Contribution for Employer Groups are mandated under Insurance Code §10706.
This is because the Companies are REQUIRED to write your company, under AB 1672 regardless of the status of the Health of you or your employees, the law and Principles of Insurance require that they write the healthy ones too. Not just those that "need" or are going to use the coverage. This is also knows as "adverse selection." If you're not covering your employees... the plan might not be a tax deductible business expense.
When Send us your DE 6 Quarterly Wage and Withholding Report, - we can work with you - excluding part timers - those with other Employer - Spousal - or Governmental Coverage, etc. so that your company can qualify for the coverage that you need. We can also do Management Carve Outs - but they are not Guaranteed Issue, under AB 1672.
The best way to view the Participation & Underwriting Requirements for each company, is click here to get a FREE quotation for your company, then click on this icon. You might consider paying 99% of the least expensive plan, so that ALL employees can afford it and then let those that want better plans pay the difference. Our Quote Engine - on the "Agents End" can give you Employee Worksheets - showing the contribution for each employee for each plan that they might pick. The employee portion can be tax deductible if you sent up a Section 125 POP plan.
Then Scroll down and click on this icon
Links
Company Participation & Underwriting Rules Spread Sheet Warner Pacific
Blue Cross
Employee Elect Portfolio: 75% of the eligible employees
. BeneFits Portfolio: A minimum of 60%
Blue Shield Health Net Pacificare
Click here for ONLINE proposals or just give us a call at (310) 519-1335.
Extra 6 week or more waiting period for Part Timers SB 1790 - Insurance Code §10700 f 1 d
HIPAA for when COBRA ends
