What Small Businesses Need to Know about the Employer Mandate in California

Running a small business in California is hard work. You must stand out from the competition. One of the best ways to do so is by having the ability to attract and maintain skillful, dependable employees. Providing the individuals working for your company with group healthcare is the most successful way to rise above the competition. You’ll find that maintaining your business is much easier.

Of course, there are laws that you’ll need to conform to as a small business owner in California. Complying with these laws isn’t always easy and that’s one reason business owners tend to go through a reliable California insurance broker rather than a carrier. Insurance brokers will not only have the ability to negotiate costs and modify plans, but they will see to it that you’re always in compliance with the latest health insurance laws as a business in California.

Dial 800 -903-6066 and get free consultation on California Group Health Insurance & Employee Benefit Plans

About the Policies of the Affordable Care Act

The ACA states that any business in the State of California with 50 or more full-time employees that doesn’t carry group healthcare for their employees may be penalized monetarily. This is often referred to as the Employer Shared Responsibility payment or employer mandate. This employer mandate is enforced if:

  • Your business does not meet the minimum value of coverage that should be offered
  • You don’t offer any coverage at all
  • You offer health insurance at a rate higher than 9.7% of the employee’s annual household income
  • Contact Taylor Benefits for Affordable Group Healthcare While Remaining True to California Laws

    Give us a call today at 800-903-6066 for more information about what we can offer you and your employees. We will make sure your comprehensive group healthcare package complies with all laws so that you qualify for tax breaks and other perks!

    Are you looking for a California  Group Health Insurance & Employee Benefit Plans? Click the quote button below to get an instant quote.

    Written by Todd Taylor

    Todd Taylor

    Todd Taylor oversees most of the marketing and client administration for the agency with help of an incredible team. Todd is a seasoned benefits insurance broker with over 35 years of industry experience. As the Founder and CEO of Taylor Benefits Insurance Agency, Inc., he provides strategic consultations and high-quality support to ensure his clients’ competitive position in the market.

    We’re ready to help! Call today: 800-903-6066