Santa Rosa, CA (PRWEB) June 4, 2008
Kaiser Permanente California has extended the small group enrollment deadline to this Friday, June 6. Small businesses that apply by Friday can lock in the current rates for one year. After June 6, rates will be increasing on average between 8% and 12%. Some Kaiser medical insurance plans will experience an increase in premiums as much as 17%.
The plan being hit the hardest by rate increases is the $0/$1500 Deductible Plan with HSA. Kaiser Permanente priced this plan very competitively in 2007 in order to gain market share on the new health savings account plans. Utilization on this plan was higher than expected and forced Kaiser Permanente to implement rate increases around 17% for new groups who begin coverage on July 1, 2008.
For these reasons, many groups are scurrying to get California group health insurance quotes and lock in coverage before the rates go up. Kaiser Permanente underwriters and staff, facing this influx of business and wanting to give groups enough time to submit enrollment forms, made the decision this week to extend the small group enrollment deadline five days beyond the normal June 1st deadline.
KaiserQuotes.com is an authorized agent that offers free instant quotes online and enrollment assistance for Kaiser Permanente health insurance coverage; this website is not directly affiliated with Kaiser Permanente. It is a convenient resource for information on Kaiser Permanente insurance all in one place. Georgia residents can visit KaiserQuotes.com for individual or group eligibility, health plan information, quotes and applications.