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Health insurance rates for California’s small businesses unveiled
Los Angeles Times

California’s small businesses next year will have a range of competitively priced options offered by a state government health insurance exchange.

The agency, Covered California, unveiled its portfolio of coverages Thursday afternoon. They include both health maintenance organizations and preferred provider networks and will be available in all parts of the state as of Jan. 1.

Businesses with fewer than 50 employees can buy the insurance but are not required to do so under the new federal Affordable Care Act. Californians who are not covered by employer or government programs, however, will be hit with financial penalties if they fail to obtain health insurance.