Friday, March 20, 2009

Insurance Update: Workers Compensation, COBRA, and San Francisco’s Health Ordinance

Workers Comp Rates May Increase

Workers compensation rates may increase 24.4%. The details can be found here.

COBRA Notification

Employers with 20 or more employees will need to notify those employees who have been involuntarily terminated from September 1, 2008 or after. This applies only to those employees that had health insurance through your company. You will be required to pay 5% of your employee’s premium and will receive a refund from the Federal government. For those employers with 2 to 19 employees, your insurance carrier will be sending notices and you will not be required to advance the 65%.

Please contact Scott Hauge, President of Small Business California for more information at shauge@cal-insure.com. You can also visit the COBRA website.

San Francisco Healthcare Ordinance

It looks as if the San Francisco Healthcare Ordinance isn’t going away any time soon: a request by the Golden Gate Restaurant Association was recently denied by the 9th Circuit Court of Appeals. Click here for the details.

UPDATE (March 23, 2009): Some restaurants are not in support of the Golden Gate Restaurant Association's lawsuit.

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