Covered CA for Small Business is the state’s health insurance marketplace where small businesses with 1-100 employees can offer affordable, quality health coverage to their employees. It allows employers to compare plans, control costs, and potentially qualify for tax credits.

A small business in CA is defined as having between 1 and 100 full-time equivalent employees. Businesses within this range are eligible to purchase group health insurance through Covered CA for Small Business.

Covered CA for Small Business offers a variety of health plans across different levels of coverage: Bronze, Silver, Gold, and Platinum. These plans are provided by well-known insurance carriers and differ by the percentage of healthcare costs covered by the plan and the monthly premium.

Yes, small businesses with fewer than 25 full-time equivalent employees that offer health insurance through Covered CA may qualify for a Small Business Health Care Tax Credit. The credit is based on your average employee wages, number of employees, and the percentage of the premium you pay as the employer.

Unlike individual plans, small businesses can enroll in Covered CA for Small Business at any time during the year. There is no specific open enrollment period, making it flexible for businesses to start offering coverage when it works best for them. Book an appointment with us today to get started!

If your business grows beyond 100 full-time equivalent employees, you may no longer qualify for Covered CA for Small Business and will need to explore other group health insurance options, such as large group plans. Covered CA can provide guidance on transitioning to a large group plan if needed.