Health Net Selected for Covered California Small Business Health Insurance Exchange (SHOP)
We are excited to announce that Health Net Life Insurance Company has been selected as a carrier to participate in the Covered California small business exchange in all 58 counties.
Throughout California, small business groups will be able to select affordable, easy-to-use health coverage from Health Net. Health Net will offer PPO insurance plans that deliver a good balance between premiums and cost-sharing. SHOP premiums are expected to be announced in early August and we expect our SHOP premiums to be competitively priced vs. other carriers.
The acceptance of Health Net’s statewide participation in California’s small-business exchange follows Covered California’s announcement in May that Health Net of California and Health Net Life will offer HMO and PPO health plans, respectively, in the state’s individual health insurance exchange.
SHOP enrollment is expected to begin on October 1, 2013, for coverage that becomes effective January 1, 2014.
Read more about our Covered California offerings in our news release.
To ensure you have the most up-to-date and relevant information about Covered California, we will be sharing details about our SHOP plan offerings for small business groups in the coming weeks – so stay tuned!
If you have any questions, please contact your Account Executive.
We value your partnership and look forward to continued success through the exchange.
Scott St. Clair
Chief Sales Officer, Western Region
Individual & Small Business Group