Jack On Saturday, August 28, 2010

Small Business California is influence Governor Arnold Schwarzenegger to sign two related bills creating a state health insurance exchange, the single most important component of healthcare improvement for small businesses.
The California government this week passed two landmark health insurance exchange bills, SB 900 and AB1602. This legislation will work to lay the base for California's Health Benefit Exchange. One of the bills establishes the governance of the exchange. It consists of an independent agency with a five person board. The second bill creates the policy that apply inside and outside the exchange. In California, 3 million small businesses will be eligible to purchase insurance through the exchange. This will create maximum competition, improve excellence, increase choice and lower costs.
"It will be the main vehicle for making healthcare reasonable and accessible for California's 3 million small businesses and their employees including 2 million self-employed entrepreneurs," said Scott Hauge, president of Small Business California.


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