New Health Care Law Milestone For Employers
FOR IMMEDIATE RELEASE:
September 21, 2012
New Health Care Law Milestone for Employers
Resource available to understand and evaluate health insurance choices during open enrollment season
Sacramento, CA – The Health Law Guide for Business, a resource for California’s business community to access accurate and easy to understand information about the Patient Protection and Affordable Care Act, reminds employers that during open enrollment and plan renewals beginning on, or after, September 23, 2012, the new Summary of Benefits and Coverage and Uniform Glossary will allow employers to better evaluate health insurance options and provide employees well-defined and clear information on basic health benefits.
A new Compliance Guide will help employers have an educated conversation with their insurance brokers as a first step to successfully comply with the new requirement intended to standardize information, allowing employers and employees to make apples-to-apples comparisons among plans, understand what is covered and the costs.
“Straightforward information on health plans and benefits in time for open enrollment season will enable employers and employees to bypass technical jargon and complicated materials to make more informed decisions that impact their health,” said Jason T. Andrew, owner of Stone Meadow Benefits and Insurance Associates.
Insurance providers are responsible for developing and packaging the new documentation. Employers, in coordination with their insurance brokers and insurers, are responsible for ensuring employees obtain access to the information.
“This actionable milestone is another step in the process to implement the health care law. A smart way for the business community to ensure a successful outcome and to continue benefiting employees is by having ongoing conversations with an insurance broker and regularly using Health Law Guide for Business to learn about future business-specific milestones and deadlines,” said Andrew.
Health Law Guide for Business – created by top California business leaders and The California Endowment – reflects the most significant updates and developments in the process to implement the health care law in California. In 2010, California became the first state in the nation to enact legislation creating an Affordable Insurance Exchange as required under the federal health care law. Starting in 2014, the California Health Benefit Exchange will allow individuals and small businesses to compare health plans, get answers to questions, find out if they are eligible for tax credits for private insurance or health programs, and enroll in a health plan that meets their needs.
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About Health Law Guide for Business:
Health Law Guide for Business– established by the Bay Area Council, California Hispanic Chambers of Commerce, California Small Business Development Centers, Pacific Business Group on Health, Silicon Valley Leadership Group, Small Business Majority, Small Business California, the Los Angeles Area Chamber of Commerce and The California Endowment – is a first-of-its kind website devoted to informing California’s business community about business-specific provisions of the health care law. As an information hub for California businesses, the media and employees, The Health Law Guide for Business provides accurate information on the health care law that’s most important for employers to run and operate their businesses. Learn more by visiting: www.healthlawguideforbusiness.org.
About The California Endowment:
The California Endowment, a private, statewide health foundation, was established in 1996 to expand access to affordable, quality health care for underserved individuals and communities, and to promote fundamental improvements in the health status of all Californians. Headquartered in downtown Los Angeles, The Endowment has regional offices in Sacramento, Oakland, Fresno and San Diego, with program staff working throughout the state. The Endowment challenges the conventional wisdom that medical settings and individual choices are solely responsible for people’s health. The Endowment believes that health happens in neighborhoods, schools, and with prevention. For more information, visit The Endowment’s homepage at http://www.calendow.org.