The Latest News, Insights and Services for Brokers | View Online
To keep you current on information critical to your business, below are updates and resources to support your sales and service efforts. To access our full library, visit the News and Industry Perspectives site.
A recent survey released by Covered California, ”Californians’ Understanding of the Mandate to Have Health Coverage and the Awareness of Financial Help,” found:
Many Californians, especially the uninsured, are unaware of the penalty. Many Californians reported being unaware of the new requirement to have health coverage in 2020 or face a penalty, including a majority of the uninsured (56%).
Knowledge of the penalty increases the likelihood the uninsured will enroll. Among the uninsured, once informed about the penalty, 64% said they were more likely to enroll in health insurance for 2020. This compares to only 46% percent of uninsured respondents who said they planned to have health coverage in 2020 when asked at the beginning of the survey.
With the Covered California for Small Business (CCSB) "A Partnership That Pays" bonus, agents who place new small group business with CCSB, February 1 - June 1, 2020, can earn up to an $8,000 bonus per group, in addition to competitive commissions. You’ll earn $1,000 for groups with as few as six enrolled employees and up to $8,000 for groups with 51-100 enrolled employees. Best of all, the bonus is per group with no maximum number of groups!
As a trusted CCSB partner since its 2014 launch, Claremont is the top producing general agency in our sales territory. From agent certification and quoting to assessing new group eligibility and resolving post-enrollment issues, our CCSB experts will provide guidance and support every step of the way—at no cost! Start earning your CCSB bonus today!
For employees, generous paid time off and flexibility matter more than other possible perks — and, in some cases, even money, according to a recent online poll of more than 1,500 working adults conducted by employee benefits provider Unum.
While paid time off is at the top of the list, student loan repayment and lifestyle benefits like gym memberships and onsite healthy food options are gaining as most desired work perks.
Employers Need to Beef Up Benefits
With today’s unemployment rate hitting a low of 3.6%, benefits matter. If workers aren’t getting what they want from their employer, they’ll look for better benefits elsewhere. 41% of workers said they’re likely to look for a new job with better benefits.
IN THIS ISSUE
Healthcare Reform:
Many Californians
Unaware of New
California Individual
Mandate ---------------------------------
Covered California
for Small Business:
Agent Bonus Program
Extended Through
June 1, 2020
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Work Perks Job
Seekers Really Want
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As always, we'll keep you informed about healthcare reform issues and news affecting you and your clients. Our knowledgeable team is here to help you succeed.
