News Headlines Article

Small employers rush to renew health plans
North Bay Business Journal

With the start of what promises to be a historic enrollment season as 2014 health plans are rolled out in compliance with health care reform, brokers in the North Bay said scores of employers are resorting to early renewal, in an attempt to partially delay possible impacts of ObamaCare for at least a year.

Employers with 50 or fewer workers who enroll before 2014 can expect less significant changes in their rates, which by some estimates could increase between 5 percent and 30 percent, versus around 10 percent for those who enroll with carriers earlier for plans that take effect on Dec. 1, rather than Jan. 1, according to Victor McKnight, principle with EPIC Insurance Brokers in Petaluma.