CaliforniaChoice is a private health insurance exchange for California small businesses. CaliforniaChoice offers a small business in California the opportunity to offer their employees 7 different health insurance carriers and several other ancillary insurance carriers. There are many advantages to your business and to your employees.
Here are some advantages for your business:
1. You no longer have to search the insurance market every year to find the best plan. Your business will have the best plan always built in to the CalChoice exchange. This saves an incredible amount of time each year.
2. Your business can set a monthly budget with CalChoice. You establish your monthly budget amount and then we calculate how to divide that up among your employees. The employees can then use that amount to purchase any plan that Calchoice is offering and the employee just pays the difference for the plan of their choice.
3. One consolidated group bill with all of your employees and their options including ancillary coverage's. Very easy accounting.
Here are some advantages for your employees:
1. They will always be able to keep their own doctors. With 7 different carriers to choose from, it's almost a given that their doctor will be covered by at least one of the choices.
2. They can choose from either a PPO benefit or a HMO benefit.
3. They can buy any number of ancillary coverage's at their own cost through Pre-tax salary deduction, which lowers their cost and the businesses FICA costs.