News Headlines Article

Covered California releases small-biz plans, rates
Sacramento Business Journal

The state’s new health insurance exchange on Thursday unveiled how much small businesses in the program will pay for insurance starting this fall — one day after the man tasked with marketing the program to employers announced his resignation.

Covered California released its rates Thursday for the exchange’s Small Business Health Options Program, known as SHOP. The rates, which vary by region, can be found online at the Covered California website. The exchange, in a news release, said SHOP premiums “are generally comparable to 2013 small-group market rates and, in some cases, can save small businesses money on their premiums.”