Group Health Generally, group health insurance is provided by employers to employees and their families. Employers provide these benefits with the understanding that a healthy workforce is a productive one and as part of their overall compensation to their employees. Depending on the number of employees, insurance carriers categorize the employer groups into either small or large. Employers with 101+ "fulltime equivalents" would be considered large, and those under the threshold of 100 would be small.
Covered California is developing a marketplace specifically designed for small businesses with 1 to 100 eligible employees. SHOP or Small Business Health Options Plan will be that marketplace for small businesses. Let us assist you in preparation of this critical event.
Covered California When it comes to health insurance, there are two options. You can buy it directly from an insurer, such as Anthem Blue Cross, Kaiser or Aetna (Off Exchange). Or you can buy it through the state or federal Health Insurance Marketplace (On Exchange).
The Affordable Care Act ensures: • Your coverage is guaranteed, regardless of your health. • There are no lifetime dollar limits on covered services. • You get preventive care at no additional cost.
Financial help is available. Starting in 2014, the federal government will help some Americans pay for a part of, or in some cases, all of their health insurance premium. This is called a subsidy. To be eligible, you cannot have affordable coverage through an employer or qualify for coverage through Medicare or Medicaid, and your household income must be below 400% of the federal poverty level. You must have health insurance coverage for 10 months out of 12 to avoid paying a costly penalty.