Los Angeles, CA, Aug. 9, 2013 (GLOBE NEWSWIRE) -- Sofi Insurance Services is offering assistance to small employers to help them prepare for Obamacare . Many major changes are on the horizon, and the right support can help employers ensure they are not just in full compliance with the law but also are accessing all the credits and benefits to which they are entitled.
Employer-sponsored health insurance has long been a way for businesses to attract highly qualified employees. Unfortunately, not all employers have been able to offer insurance, which is often due to cost concerns. With the advent of Obamacare, employer-sponsored health coverage will no longer be priced according to employees' pre-existing conditions, and plans will be accessible through an easy-to-use format in the SHOP Marketplace.
The SHOP Marketplace is an insurance marketplace that provides in-depth information on each Obama Health Care Reform insurance provider . Various health plans will be categorized according to benefits, and various tiers of coverage will be available through bronze, silver, gold and platinum plans. Small businesses will be able to access and use this website to explore coverage options, prices and benefits. Each Obama Health insurance provider listed through the SHOP Marketplace will be a qualified plan and will include coverage for essential health benefits, such as emergency care, routine care, maternity care, newborn care and mental health care.
Businesses will not be required to provide employer-sponsored coverage, but larger employers may be facing penalties if they fail to do so, which means that finding the right policy can be vital. Smaller employers are also not required to offer coverage, and while they will not face penalties, they will have access to refundable tax credits that can help them pay the premiums for qualified plans. These credits may be worth up to 50 percent of the cost of the premiums.
Sofi Insurance Services offers assistance to businesses as well as families and individuals in need of affordable insurance. Comprehensive insurance solutions include insurance coverage for health care, home, auto, life and other insurance essentials. They offer reliable Affordable Care Act insurance provider services and can provide the information people need to make better choices about their health and other insurance needs.
Source:Sofi Insurance Services