The only constant in healthcare appears to be change. Once again, small group employers in California will be forced to deal with yet another rating methodology change further complicating the age rating system.
For plan effective dates on or after January 1, 2018 all small group age rating structures will be adjusted in the 0-20 age band segment. Moving forward a single rate band will apply for ages 0 -14, then one year age bands for ages 15-20.
Interested in learning more about the impact this will have on your upcoming renewal? Please feel free to contact our office with questions.
BlakeWell Insurance Services, Inc | Blake Maxwell Insurance Agency
3001 Red Hill Avenue, Building 5, Ste 208 | Costa Mesa, CA 92626
120 Tustin Ave, C#1091 | Newport Beach, CA 92663
Tel: 949-298-6746 X101 | FAX: 949-534-0535 | Direct: 949-264-3281
Blake@MaxwellAgency.com | MaxwellAgency.com
Lic # OK14465