RAF rate increases are very common when it comes time for a small business owner to renew his or her employee health insurance plan
San Diego, CA (PRWEB) April 17, 2012
Compare Health Insurance, a local San Diego company specializing in helping individuals and small business owners obtain competitive health insurance plans, seeks to help San Diego small business owners take advantage of a 24-month risk adjustment factor (RAF) guarantee being offered by Anthem Blue Cross.
Typically, health insurance RAF adjustments occur every 12 months when a small group policy is renewed. However, Anthem Blue Cross has announced a 24-month RAF guarantee for qualifiying small groups. In order to take advantage of this offer, the group must include six or more medical subscribers and its original RAF rate must be 1.06 or lower.
“RAF rate increases are very common when it comes time for a small business owner to renew his or her employee health insurance plan,” said John Weiss, president of Compare Health Insurance. “This 24-month RAF guarantee could represent a significant amount of savings for some small business owners. At Compare Health Insurance, we’re trying to get the word out and help as many qualifying San Diego small business owners take advantage of this offer as possible.”
Health insurance providers use an RAF to determine a small group’s monthly health insurance premium. The state of California requires health insurance companies to establish a standard rate of insurance for small groups. Additionally, by California law, health insurance companies cannot issue group health insurance policies 10% above or 10% below their published standard rate. Within these strictures, a health insurance company may adjust the RAF rate based on the health of the participants in a group insurance policy.
Compare Health Insurance offers personalized health insurance quote comparison for those seeking individual and small group health insurance policies in San Diego. The company has strong relationships with many of the largest health insurance carriers, including Anthem Blue Cross. Its knowledgable operators are able to help San Diego small business owners determine if they qualify for the Anthem Blue Cross 24-month RAF guarantee and if switching policies would provide overall cost savings.
To learn more about Compare Health Insurance, RAFs or the Anthem Blue Cross 24-month RAF guarantee, visit the company’s website listed below or call 888-504-6171.
Compare Health Insurance has been providing Californians with expert health insurance advice for over 20 years. The company offers its customers direct access to the state’s top insurance providers as well as competitive San Diego health insurance quotes for individual, small group and large group coverage.
The company serves San Diego and San Diego County and is proud to assists San Diegans in finding the best insurance coverage for their needs and budget. Whether an individual needs long term or short term coverage or can no longer afford COBRA or HIPPA coverage, Compare Health Insurance can help. Visit http://www.CompareCarriers.net to get a quote right away, or call (888) 504-6171 for personal guidance.
Compare Health Insurance doesn’t require any personal information to get started and will not contact website visitors unless specifically requested.