SMALL & LARGE GROUP INSURANCE CALIFORNIA
WHY OFFER EMPLOYER-SPONSORED INSURANCE?
- Offering Health Insurance is valuable to your employees, it shows that you care.
- And it saves you, the employer, and your employees, money on Taxes.
- Group Health Insurance also gives you access to a Larger Network of Providers and Hospitals.
- And wouldn’t you agree that healthy employees would be happier and more productive employees?
- We at Marina Del Rey Insurance Services Inc. support Small & Large Businesses, as well as New & Established Start-Up Companies in finding the best Health Insurance Coverage for their valuable employees.
- We Provide Qualified Guidance at No Cost to Our Clients
HOW CAN WE SUPPORT YOUR BUSINESS?
what does OUR SERVICES cover?
- Our services include High-Touch Customer Service and Time-Saving Tech Tools for collecting Employee Census Data and confirming Network Availability, as well as Online Employee Enrollment Resources and more.
- Take advantage of access to Compliance, and Benefits Management Services with our TPA partners, including: COBRA, HIPAA, ERISA, and ACA Compliance, FSA, POP, HRA, and HSA Administration.
- For your convenience, Phone and Virtual appointments are available.
- We Provide Qualified Guidance at No Cost to Our Clients
NEW CALIFORNIA STATE LAW AS OF JANUARY 1, 2020
EFFECTIVE JANUARY 1, 2020, ALL CALIFORNIA RESIDENTS ARE REQUIRED TO EITHER:
- Obtain and keep qualifying health insurance coverage
- Or request and prove exemption from the requirement to have coverage
- Or be required by law to pay a penalty when filing their state tax return
WHAT IS REQUIRED TO AVOID A PENALTY?
Beginning on January 1, 2020, to avoid a penalty, you must have qualifying health coverage for each month of the year for:
- Yourself
- Your spouse or domestic partner
- Your dependents
Many people may already have qualifying health insurance coverage, for example through:
- Employer-sponsored plans
- Coverage purchased through Covered California or directly from insurers
- Medicare
- Most Medicaid plans
INDIVIDUAL SHARED RESPONSIBILITY PENALTY ESTIMATOR CALCULATOR
The State of California Franchise Tax Board created a Penalty Estimator Calculator, which is a tool for you to estimate the penalty you may owe if you do not have health care coverage. To get an accurate penalty amount you may click the button below here: