Governor Jerry Brown recently signed SB 1446 allowing small groups with a health insurance plan that was in effect on December 31, 2013, and still in effect as of the passage of the bill, to renew their current health plan, even if it does not meet certain requirements under the Affordable Care Act (ACA).
In simple terms this means that some small (under 50 lives) employers now have the option of keeping their current 2013 non-ACA-compliant, nongrandfathered plan for one more year.
While this may be the easy route the renewal rates will be the tipping point. It may be necessary to compare the renewal of your expiring plan with the ACA compliant options now available.
Please let us know if you would like to discuss this and/or if you need a comparison.