Michael Lujan, RHU May 22, 2013 How Agents Can Prepare for California's New Health Insurance Marketplace Rich Hines Covered California, SHOP Sales Director.

Slides:



Advertisements
Similar presentations
Small Business Health Care Tax Credit Presentation Date (January 14, 2013)
Advertisements

Benefits Open Enrollment For January > Benefits.
We are funded by generous grants from the California Wellness Foundation, the California Endowment, Blue Shield of California Foundation, California Community.
Click to edit Master title style Click to edit Master text styles –Second level Third level –Fourth level »Fifth level FERS ANNUITY SOCIAL SECURITY BENEFITS.
Berrydunn.com | GAIN CONTROL THE AFFORDABLE CARE ACT “WHAT’S IN IT FOR MY SMALL BUSINESS?” TAX CONSIDERATIONS October 9, 2014.
The Affordable Care Act Reduces Premium Cost Growth and Increases Access to Affordable Care Before ACA, Small Employers Faced Many Obstacles to Covering.
OPTION #1 OFFER GROUP COVERAGE FROM PRIVATE CARRIERS DIRECTLY  Pacific Brokers can review all available private carrier options  Fully insured  High.
How the new law impacts your bottom line David Chase April 30, 2013 Mountain View, CA Wellness, Healthcare Reform and California Small Businesses.
Insure Montana Small Business Health Insurance Program The Small Business Health Care Affordability Act, was requested by State Auditor John Morrison and.
Covered California: Competition in the Health Insurance Market? Richard M. Scheffler, Ph.D. Distinguished Professor of Health Economics & Public Policy.
Golden Ocean Insurance Center Covered California 2014.
Help is on the way! Health Care Reform: Health Plans Overview.
What is the Affordable Care Act? The Patient Protection and Affordable Care Act (PPACA),commonly called the Affordable Care Act (ACA) or Obamacare,is.
Presented by: Sandy Walters Executive Vice President & Senior Consultant Kelly & Associates Insurance Group How the Exchanges / Marketplace Will Effect.
Healthy Business Chat Phil Boyle 09/10/ Basic Introduction to PPACA.
Healthy Business Chat 07/10/ What Is An Insurance Exchange? An Insurance Exchange is an organized marketplace for insurance plans to compete.
Disability Program Manager
Healthcare Reform and California Small Businesses Presentation by John Arensmeyer Small Business Majority San Francisco Chamber of Commerce August 24,
What is the Small Business Health Options Program (SHOP)? The SHOP Marketplace is an avenue on the federal Marketplace for small businesses to purchase.
Major Health Issues The Affordable Healthcare Act.
Healthcare Reform and Small Businesses Small Business Majority.
The Affordable Care Act What It Means for You Marcia H. Salkin Managing Director, Legislative Policy NAR Government Affairs.
ARKANSAS BLUE CROSS and BLUE SHIELD An Independent Licensee of the Blue Cross and Blue Shield Association Health Care Reform From an Insurer’s Perspective.
Experience, Commitment, Results. Federal Health Care Reform The impact on individuals, employers, and our health insurance coverage… National Worksite.
The Health Care Law: Where Does Your Small Business Fit? Month Day, 2013.
What EVERY Hotel Owner MUST know about the Affordable Care Act (ACA) Presented by the Asian American Hotel Owners Association (AAHOA)
Healthcare and Small Business Without reform small business will spend approximately $2.4 trillion on healthcare for their employees in the next decade.
Affordable Care Act 101: What The Health Care Law Means for Small Businesses December 2013 These materials are provided for informational purposes only.
The Affordable Care Act and the Kentucky Health Benefit Exchange.
Fringe Benefit Plans and the PPACA Tax Savings for the Small Business Owner.
Harris County Healthcare Alliance and Texas Department of Insurance Houston Small Employer Pilot Project February 9, 2007 Karen Love Texas Department of.
Small Business Tax Credit For Small Employers Version: October 18,
How Healthcare Reform Will Impact Your Small Business SCORE LA Natalie Orta, U.S. Small Business Administration July 10, 2013.
Affordable Care Act Impact on Individuals, Small Employers and Non-Profits.
Health Reform that Works for Small Businesses Presentation by Terry Gardiner Small Business Majority for Alliance for Health Reform September 8, 2010.
Small Business Tax Credit For Small Employers Version: August 23,
CoveredCa Update April 2014 Chris Patton Vice President of Sales.
Opportunity for Employers Under the ACA: The Small Business Health Care Tax Credit Thank You For Joining TelePayroll’s Webinar – We Will Begin At 10:00.
THE PATIENT PROTECTION AND AFFORDABLE CARE ACT. Affordable Care Act Basics Signed into law by President Obama on March 23, The Supreme Court rendered.
WISCONSIN HEALTH PROJECT Expanding accessControlling costs
P ATIENT P ROTECTION AND A FFORDABLE C ARE A CT (PPACA) By: Malcolm F. Buckhanan.
Marketplace Overview January What is Connect for Health Colorado? Colorado’s own competitive marketplace for private health insurance Separate.
Confidential Employee Benefits Open Enrollment Effective: January 1, 2012.
Covered California & People Living with HIV/AIDS Ryan White Cross Parts Meeting – 9/3/14 Anand Kalra.
SECTION 11-1 Health Insurance Premiums pp
 Annual Insurance Premium $2,602,285 Employer Paid $1,947,323 Employee Paid $ 654,962  State Funds Received $ 898,716  Current # Employees on insurance.
Health Care Reform Michael R. Cousineau USC Keck School of Medicine.
Illinois Maternal & Child Health Coalition The Affordable Care Act: What Small Businesses and Nonprofits Need to Know Prepared by Kathy Chan, Associate.
S PONSORED BY : G UIDE S TONE F INANCIAL R ESOURCES Danny Miller Conner & Winters, LLP 1627 I Street NW, Suite 900 Washington, D.C T HE S MALL B.
Transamerica’s Health-Pak A guide to successful solutions for 2014 & beyond Presented by: Cas Sharp Area Sales Manager of Health Distribution, Central.
Oregon Public Employees’ Benefit Board Other Postemployment Benefits (OPEB) July 1, 2006 Actuarial Valuation PEBB Board Meeting April 17, 2007.
June 2013 Employee Benefits Manager A&M System Office Ellen Gerescher The Affordable Care Act (ACA) / The System Wellness Initiative An HR Liaison Presentation.
Affordable Care Act SHOP Marketplace Implementation Briefing PA ASSOCIATION OF COMMUNITY HEALTH CENTERS July 23, 2014 H EALTH C ARE.GOV Joanne Corte Grossi,
Session 3: Insurance Bonus. What we will cover An explanation of the Healthcare Reform Bill. How you will know if you will have to provide insurance to.
Donna Losch Senior Employee Benefits Consultant October 18, 2012.
AFFORDABLE CARE ACT. March 23, 2010 President Obama signed the Patient Protection and Affordable Care Act into law.
EXECUTIVE DIRECTOR’S REPORT Peter V. Lee, Executive Director | November 21, 2013 Board Meeting.
Web Briefing for Journalists: How the ACA’s Employer Requirements and Related Provisions Affect Businesses and Workers Thursday, December 18, 2014 Presented.
Biosimilar (Insulin) – Competitive Landscape and Market & Pipeline Analysis, 2016 DelveInsight’s, “Biosimilar (Insulin) – Competitive Landscape and Market. Request for sample of this research report:
THE AFFORDABLE CARE ACT: WHAT’S NEXT? Presented by: Michael O’Connor, RHU.
The Healthcare Bill: What’s In It for Small Businesses? Marianne Markowitz SBA Regional Administrator IL, IN, MI, MN, OH, WI 1.
Health Insurance Information Update 2015 Presented by:
Advancing the health of Ohioans through informed policy decisions Insurance basics: Provisions of the Affordable Care Act and how Ohioans are covered Reem.
Healthcare Industry NAICS CODE Health Care History  Organized medicine took shape dating back to 1900s  Franklin D. Roosevelt approved public.
Experiences with the Marketplace
The Heritage Version of The Health Insurance Exchange
Credit per employee $9,435—projected family premium 50% employer
Small Business Tax Credit For Small Employers
Small Business Tax Credit as a Percent (Maximum of 35%) of Employer Contribution to Premiums, For-Profit Firms (2010–2013) and Nonprofit Firms (2014+)
Small Business Tax Credit as a Percent (Maximum of 50%) of Employer Contribution to Premiums, For-Profit Firms (2014+) Average Wage Firm Size Up to $25,000.
Presentation transcript:

Michael Lujan, RHU May 22, 2013 How Agents Can Prepare for California's New Health Insurance Marketplace Rich Hines Covered California, SHOP Sales Director Johnny Scharnweber Covered California, RSE IEHU President

Click to edit Master title style 10/20/20152 Click to edit Master title style 10/20/20152

Alameda Alliance for Health L.A. Care Health Plan Anthem Blue Cross of California Molina Healthcare Blue Shield of California Sharp Health Plan Chinese Community Health Plan Valley Health Plan Contra Costa Health Services Health Net Western Health Advantage Kaiser Permanente

Click to edit Master title style 10/20/ Click to edit Master title style 10/20/ S MALL B USINESS T AX C REDIT Who is eligible for the Tax Credit? Small businesses are eligible for a tax credit if… o They have fewer than 25 full-time employees o Their average annual wages <$50,000 o They pay 50% of the premium cost* Starting in 2014, tax credits are only available for businesses that purchase through the SHOP Tax credits do not cover premium expenses of owners or their families; and cannot be claimed by the self-employed Employers are encouraged to consult with their tax professional. *SHOP has a minimum contribution of 50%

Participating SHOP Health Plans