Important Notice Regarding Your Current Health Plan
If you currently have between 50-99 employees on you group health plan, there will be serious changes to your plan effective 1/1/2016.
The definition of the small group market in California will change on January 1, 2016. Groups with 50-99 employees who are now considered mid-large group will be moved to the small group market. This will seriously impact your rates.
Your employees and their covered dependents will be rated on age bands that cause their premium to increase each year. You will not be able to keep your current composite rates.
Deductible and coinsurances will increase to be in line with the current Bronze, Silver, Gold and Platinum plans offered to the small group market.
You will be subject to all Affordable Health Care fees now levied on small groups. This could increase your premium anywhere from $1000- $5000 a month depending on the size of your group.
This can be avoided if you take action before the end of this year. If your current broker has not contacted you about this, please give me a call for ways to avoid this pain in the coming year.
You can reach me at 925-552-7077 Office or 925-785-1161 Mobile.
Or email me at info@bernalinsurance.com.
