Some amazing things are happening in the world of health insurance! Yesterday, I found out that my company, Cal Insurance, is getting a refund of 1.2% because Kaiser has put forth a policy of reducing rates 1.2% on policies that have renewed on or after July 1. I have also been told that Blue Shield is doing refunds as well. Policies with a lot of carriers are seeing single digit increases for the first time in years.
I am not sure the reason for this except that it may be the health legislation passed in March of 2010 that provided more oversight of health insurance carriers and it could also be that health insurance companies are taking a more active role in cost management. Have you seen these reductions?
As you know Small Business California surveys small businesses around the state to determine what are their most important issue. The cost of health insurance and availability of health insurance to sole proprietors has been the top issue for seven years running.
To see our survey go to www.smallbusinesscalifornia.org
Small Business California
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