Rates are going up next month on Kaiser Permanente Group Health Insurance Plans. New groups who submit forms this month can begin coverage on June 1, 2010 and lock in the current rates for one year. Rates are going up on average 5% to 12%, so for many groups looking to get business health insurance, now is the time to buy. Interested businesses may get Kaiser Permanente Group Health Insurance Quotes instantly online with no obligation to buy. For questions related to enrollment and group plan benefits, call 1-877-752-4737.
Deadline Extended to June 7th
Kaiser Permanente has extended the deadline so that new groups can get their enrollment forms in as late as June 7, 2010 and still be eligible for a June 1st effective date. All missing forms must be submitted by June 11, 2010.
Coverage is month to month and can be cancelled at any time. As long as the New Group Application is submitted by June 7, 2010, your group will be eligible for a June 1st effective date and can lock in the current rates. Group plans are issued automatically without medical underwriting as long as your business qualifies for group coverage.
Mid-Year Rate Changes
Owners and employees who age up into a higher age band can experience rate changes mid-year. For instance, if an employee is age 44 and turns 45, the month after her birthday she will have a rate increase because she will have left the less expensive 40-44 age band and entered the more expensive 45-49 age band. Age bands are in five year increments. Employees and owners whose age currently ends in a 4 or a 9 should be aware that upon their next birthday, their rates will be increasing.