Does the new law simplify the insurance purchasing process?
– Jose Rios California is required to create new health insurance exchanges for small businesses like yours and for individuals starting in 2014. This aims to make it simpler for individuals and small businesses to compare different policies by making it mandatory for participating insurers to meet a set of federal essential benefit standards. All plans will have no lifetime or annual limits on what insurers will pay, and must limit out-of-pocket costs to $5,950 for a single person and $11,900 for a family. Deductibles for small businesses can be no greater than $2,000 for a single policy or $4,000 for a family policy. If you have any questions about the health care reforms to ask the expert Call: (800) 871-9012 ext. 712389# Email: asktheexpert@newamericamedia.org or Regular mail: P.O. Box 410447, San Francisco CA 94141-0447 calendow.org/healthlaw or GetCoveredCA.org.
Related Questions
- I am retiring from the active practice of law in the next few months and am thinking about purchasing additional insurance when I retire. How do I do that?
- Which is better: Primary/Secondary beneficiaries, or 50% 50% split between 2 people?
- Is Ohio Adoption law and process the same from county to county?
