Tuesday, November 26, 2013

Workers Comp. Increase/SHOP/Small Business Saturday

The Insurance Commissioner approved yesterday a 7.6% increase in workers compensation pure premiums effective Jan 1st, 2014. The insurance companies are not required to take this increase as  they can file their own rates higher or lower. I have heard of companies not taking any increase, overall though I would expect most companies to take some increase. State Fund took a 6.5% increase for Jan 2014.


Yesterday, Covered California previewed a soft launch of its small business group health product [SHOP]. You can see what options you have by  going to  www.coveredca.com.

Remember you can use an Agent/ broker who is certified. There is no additional cost for this.


November 30th is Small Business Saturday. The Governor has sent out a memo encouraging people to support small businesses around the state. He noted that 99% of the employers in California are small businesses and employ 52% of the state’s employees.

I usually get a call from a local radio station on Small Business Saturday so let me know what you are doing!

Scott Hauge
Small Business California
2311 Taraval Street
San Francisco, CA  94116

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