There has been tremendous confusion surrounding California’s 60 day waiting period for health insurance versus the 90 day federal waiting period. On August 15th, 2014 Governor Jerry Brown signed Senate Bill 1034 which repealed an insurance law (Assembly Bill 1083) that prohibited insurance companies from including waiting periods in excess of 60 days in their group health insurance contracts. The new law, effective January 1, 2015, repeals... Read More

The Triple Play is synonymous with baseball’s rare act of making three outs during the same continuous play. So what would a triple play look like for a small business? In small business companies work to attract top talent, retain key employees, preserve control, reduce workloads where possible and find ways to save money. What about a strategy that helps business achieve all those tasks, in the same “continuous play?”

Businesses today are... Read More

Transitional relief is on our mind and many of yours as we move into the third and fourth quarters.

Employers with 100 or more full-time and full-time equivalent employees (FTE) will need to offer coverage to 70% of their full-time employees in 2015 to avoid a penalty.

If an applicable larger employer with 100 or more full-time and full-time equivalent employees is subject to a penalty for failing to offer coverage, then the penalty will be... Read More

The Federal regulatory agencies have provided a final regulation on allowing orientation periods, which is welcome news to groups of all sizes. California usurped the federal enrollment period requirement of 90 days and has mandated that eligible employees be enrolled within 60 days from date of hire. The orientation period would allow a one month period, not to exceed 30 days, to evaluate employees prior to the start of the waiting period.... Read More

Many companies in small group contracts can avoid full ACA compliance for another year but only if your plan renews on or after September 1, 2014. This is referred to as "Grandmothering".

On Monday, July 7, 2014 Governor Brown signed Bill SB1446 allowing insurance companies to offer existing pre-ACA compliant plans for one more year. Carriers are not required to offer this extension.

Now a small employer may have three choices:

  1. Renew and remain... Read More

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