Some recent changes in the Unemployment Insurance (UI) arena will have an impact on employers moving forward in 2014. Congress mandated the states pass tough measures to penalize employers responsible for overpayments of UI benefits, which has been a huge issue during the recent recession. These overpayments have resulted in many states borrowing from the federal government to cover the shortfall in their UI funds. These new UI Integrity Law mandates required states to enact legislation by October 21, 2013. In addition to the UI Integrity Laws, the State Information Data Exchange System (SIDES) was created and will have state workforce agencies exchange information electronically rather than by paper via the U.S. Postal Service.
On May 23rd, Covered California announced the names of the 3 health insurance plans that will offer individual coverage in 2014 through the Exchange. The plans reflect a mix of large non-profit and commercial plans.
The actual change in an individual’s premium will depend on the person’s current insurance coverage. All plans offer guaranteed issue (you cannot be denied for pre-existing condition), maximum out-of-pocket cost limits of $6,350 and benefits include doctor visits, prescriptions, hospital stays, plus other essential benefits.
In 2014, Californians will have access to the following options for individual plans:
- Anthem Blue Cross
- Blue Shield of California
- Alameda Alliance for Health
- Chinese Community Health Plan
- Contra Costa Health Services
- Health Net
- Kaiser Permanente
- LA Care Health Plan
- Molina Health Plan
- Sharp Health Plan
- Valley Health Plan
- Ventura County Health Care Plan
- Western Health Advantage
The current list of insurers is for individual policies only. Covered California will announce its options for small businesses to buy health insurance in June.
Take a moment to familiarize yourself with our links to Health Plans & Rates for 2014 and look over Healthcare Reform Frequently Asked Questions.