November 13, 2015
Last month, President Obama signed legislation into law that stopped an Affordable Care Act provision which would have changed the definition of small business from 50 or fewer employees to 100 or fewer. Covered California and the private insurance exchange, CaliforniaChoice, however, plan to move forward with the new expansion.
What this means for you: If your business employs 100 or fewer people, you must provide employee health plans as offered by the small-group insurance market by January 1, 2016.