Health insurance companies orange county ca – Solana Insurance Services
I am writing this letter to inform you of some of the changes that are coming starting January, 1 of 2014 because of Obamacare.
All of our information is based on what we know right now and is subject to change.
All the carriers will be changing their plan designs to comply with the mandates of Obamacare. These plans are called the “medal” plans. Bronze, Silver, Gold and Platinum.
The Bronze plan will be the least expensive and the Platinum will be the most expensive. The Bronze plan will require the individual to pay for 40% of the medical cost up to $6,350, $12,700 for a family and the Platinum plan, 10% of cost up to $4,000/$8,000 family. California will be implementing their exchange called Covered California. You will be able to purchase your medal plans in or out of the exchange, however, the exchange is for those individuals and small groups that qualify for financial assistance.
Obama Care summary for small business (Less than 50 employees)
By Hubie Laugharn
This is what we know as of 2-18-13 about Obama Care for Small Business
Employer does not have to provide health insurance and cannot be penalized.
- Small groups will be able to purchase group health insurance through the exchange. The exchange for small group is called S.H.O.P. within “Covered California” (the name of the California exchange).