How Employer Sponsored Plans work – 2009 pre ACA

Small Business’s – EmployER Medical Plans are now guaranteed coverage  with just one common law employee  (AB 1083), who isn’t a spouse.   No medical questions are asked!  The law allows up to 30% discounts for participation in wellness programs along with full tax deduction for the employer premiums (IRC Section 106) and no taxable income to your employees.  If you are making your employees pay a portion of the premium, that too can be deductible for you and employees under a IRC Section 125  plan.

Before Health Care Reform – ACA – Obamacare we had   AB 1672 (1992) where  two  employees were required, but husband & wife counted.  Medical History and claims could make a difference in premiums of up to 20% under the Rating Adjustment Factor (RAF) system.   Sole Proprietors, C Corps and husband & wife partnerships with no common law employees  can still get guaranteed coverage in the Individual market, but must wait for Open Enrollment or Special Enrollment, like when their Pre ACA plan renews and they get bumped out.   Their premiums (free quotes) can still be tax deductible, line 27 – 1040 or a business tax return.

Small Business can enroll year around, you do not have to wait for Open Enrollment.   See the brochures and other pages in this section of our website, in the menu above, site map or child pages below.

Feel free to call 310.519.1335 or email us [email protected] for more information. 

Our services and consultation are free as long as you appoint us as your agent for no additional charge as we are compensated by the Insurance Companies to help you.

California’s small business market in 2014 dropped by 11% to 2.1 million enrollees. Meanwhile, enrollment in the individual market increased by 47% to 2.18 million during the same period.  The sharp uptick in the individual market largely was driven by Covered California and the availability of subsidies to help pay for premiums for plans purchased through the exchange.  Learn More⇒  CA Healthline 5.26.2015

 

Insurance Carrier Information

Carriers – Companies

 

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