Monday, January 24, 2011

Health Care Reforms - How it affects your business from Kaiser permanente

Health Care Reform - How it affects your business

The passage of the Patient protection and Affordable Care Act initiated the most significant changes to the U.S. health care system in 45 years.  While many key aspects of the legislation will phase in over the next few years, there will be significant changes for your business and your health plans in the coming months.  Kaiser is working hard to implement the legislation and is committed committed to providing information to help you make decisions about your coverage.  In the coming days, Jyot Financial  & Kaiser will be providing you some information about upcoming provisions  that affect commercial (non-Medicare) plans for small businesses.

DEPEDENT COVERAGE EXTENDED UNTIL AGE 26

If your plan offers coverage for dependent children, the new law extends that coverage for young adults until they turn 26, whether or not they're in school.  Although the law is effective starting with plan years beginning on or after September 23, 2010, we partially implemented it June 1, 2010, for small businesses to help prevent a covereage gap for graduating students.  Eligible dependents who aged prior to June 1 can re-enroll for coverage during your usual open enrollment period if they will be under age 26 on the first day of your plan year.



Jyot Financial & Insurance Services, Inc is an Authorized broker of Kaiser Permanente Health Plans.
Gurdayal Singh
Your Financial Advisor
14726 Ramona Ave.,
Chino, California 91710
Tel:  909) 548 7444
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Link to Kaiser Permanente: https://businessnet.kp.org/health/plans/ca/home

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