The small group health insurance California market is regulated by the state. This cuts out competition. Rates will be the same no matter where you go. It is important to know that no broker or agency can provide you with cheaper rates than any other broker or agency. It is best to base your decision on the level of service you receive. Allow us to work for you in finding the best possible plan for your unique company or industry. Our service goes beyond the initial enrollment stage. We make sure to provide you with account management on a monthly bases so that can essentially keep an eye on your rates and shield you from having to take a large rate increase come renewal. There are four ways that the state regulates small group health insurance. They are as follows: 1) Guaranteed Issue, 2) Guaranteed Renewal, 3) Rating Protections, and 4) Portability.

1) Guaranteed Issue is the right to obtain insurance coverage, irrespective of health status and age of employees, as well as the industry in which they work. The right extends to all other similar risk factors. In the absence of such a comprehensive protection, it would be easy for health insurers to reject groups that have one or two persons with chronic or costly pre-existing medical conditions or exclude such persons specifically.

2) Guaranteed Renewal confers the right to renew the insurance cover, in spite of changes in the health status of the individual or changes in the use of services, including other similar risk factors. This helps the group or the individuals in the group from being dropped by insurers due to the presence of a high cost medical condition with one or more individuals of the group, when the insurance coverage is due for renewal.

3) Rating Protections limit the amount of variations that the insurance carriers might impose on the group due to the health status of the persons in the group or other such risk factors. This protects the individuals participating in a group plan from very high or unaffordable insurance rates for groups with higher risks. It is entirely possible that insurers would quote exorbitant rates just to avoid insuring a particular group to circumvent the laws of guaranteed issue and guaranteed renewal. These rating protections are meant to stop that kind of unscrupulous practice.

4) Portability limits the carriers from excluding insurance coverage for pre-existing health conditions and specifies the ways that these can be done. This section of the law is aimed at providing greater job mobility. Without a protection for existing health conditions in a new job, the employees would be reluctant to change their jobs and would be happy to continue in the existing job just to take part in the current health care insurance offered by the company. Only healthier persons would be mobile in the job market, while those employees with even minor ailments or health conditions would hesitate to switch jobs.

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With such strong provisions in the laws for small group health insurance California, small groups had been provided with adequate protection to ensure a fair field for them in the health insurance market. Our vast experience in this sector allows us to counsel and guide you in the right direction and find the best health insurance program to fit your needs. Call us toll free at 888-202-9441 or email us your at admin@ezhealthinsuranceca.com.

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