Trying to comply with California’s group health insurance reform isn’t for anyone without prior experience in the insurance industry to understand. Trying to keep up with the laws and regulations could damage your company through penalizations if you don’t comply. While some businesses choose to go straight through an insurance carrier, others choose to go through a reliable insurance broker.
Hiring a reputable insurance broker such as Taylor Benefits Insurance Agency is the best and most fruitful way to find the right health insurance and employee benefits plans for your company. After 30 years in the industry, we have formed relationships with the leading insurance carriers in the state. We will help you find the right plan at the right price. We’ll also manage it consistently so that it always meets the regulations of the Affordable Care Act even as the act undergoes changes.
As a business with fewer than 50 full-time employees, you shouldn’t find any issues under the ACA. You are exempt from penalties, but guaranteed health coverage. However, as a business with more than 50 full-time employees, you’ll have certain restrictions and rules you must abide by. These include:
All laws are created to help businesses thrive while keeping down the costs of providing health coverage. By hiring an insurance broker, you can stay on top of and in compliance with the laws of the ACA.
To learn more and come up with a plan that complies with the ACA, contact us here at Taylor Benefits. We will come up with an amazing plan that suits your employees’ needs and your company budget. We will monitor your insurance and benefits so that you are always in compliance with state laws. Just dial 800-903-6066 to get started!
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