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GRANDMOTHERING BILL SIGNED: TAKES IMMEDIATE EFFECT

July 8, 2014 - SB 1446 (DeSaulnier) has been signed by Governor Edmund G. "Jerry" Brown, Jr. to provide some small employers with non-grandfathered health insurance policies in effect as of December 31, 2013, the option to renew their existing coverage for one year, rather than be required to move to new coverage by the end of 2014. SB 1446's extension will be of direct help to some small California employers who opted to early renew their health coverage in 2013. Many of these employers were facing above normal increases under the new ACA plans in 2014. SB 1446 only applies if the small business had not already purchased an ACA-compliant policy. If you need help or have questions please contact Mat Nabity of Armstrong and Associates Insurance Services at (916) 286-0918.