CCSB Provides Updates on New Bonus Program, Expanded Coverage Options, MyCCSB.com Enhancements and Small Business Tax Credits
Covered California for Small Business (CCSB) provided the below updates to agents on their new bonus program, expanded coverage options, updates to MyCCSB.com and their exclusive small business tax credits.
For questions, please contact a member of your B&P Sales Team - 888.722.3373.
Your Quarterly Issue of Covered California for Small Business Partner News
Covered California for Small Business (CCSB) is excited to announce we will be relaunching our Partnership that Pays Bonus Program in July 2022! Earn up to $8,000 for new group enrollments, see below for details.*
Have you heard? Expanded coverage options are now available for new and renewing groups. Choose up to 4 levels of coverage in contiguous metal tiers for added flexibility.
As trade shows and events return to California, our sales team is eager to reconnect. If you see a CCSB booth or team member, please stop by to say hello.
Thank you for being such a vital part of helping small businesses find the coverage they want and need. None of this would be possible if it was not for the support of our Agent and General Agent partners.
A Partnership that Pays Bonus Program
Earn up to $8,000* for enrolling a new small group with Covered California for Small Business with coverage effective July 1, 2022 through January 1, 2023.
Earn up to $8,000* for enrolling a new small group with Covered California for Small Business with coverage effective July 1, 2022 through January 1, 2023.
CCSB is relaunching A Partnership That Pays bonus program. Now you can earn even more by offering your clients California's most comprehensive access to healthcare.
Click here to learn more on how CCSB can help build your business!
Expanded Coverage Options
CCSB has expanded coverage options to include 3 CONTIGUOUS METAL TIERS and 4 METAL TIER options.
With these additional levels of coverage, you can offer Employers more health plan options to find the coverage they want at a price that fits their budget.
CCSB Metal Tiers Offer Employers More Ways to...
- Customize their small group coverage at no additional cost
- Control costs with contributions set to any metal tier plan
- Expand options so employees can select coverage that fits their needs
Add flexibility and choice to your portfolio and inform new and renewing Employers that they can select up to 4 tiers of coverage with CCSB.
Click here to download the flyer.
MyCCSB.com Enhancements
View real-time payments and submit employee enrollments, changes, and terminations - all from the convenience of your MyCCSB.com Agent account.
Receive real-time confirmation for both payments and account updates, and view your account information in one easy location!
Log in today and explore these timesaving NEW enhancements!
Download our MyCCSB Agent and Employer User Guides, which include step-by-step instructions on how to register and navigate the portal for both existing
and new users.
Exclusive Tax Credit for Small Businesses
Eligible small businesses can qualify for federal tax credits of up to 50% on premiums to help pay for the cost of providing health insurance. This exclusive tax credit is only available through Covered California for Small Business. Qualifying groups can apply this tax credit on their Federal Tax Return.
For Small Business Clients that:
- Have fewer than 25 full-time equivalent employees
- Pay an average wage of less than $56,000 a year**
- Pay at least half of their employees' health insurance premiums
Then, there is a federal tax credit that may put money back in their pocket. To learn more, click here.
See CCSB's Employer Tax Credit Flyer for more information.
* Incentive earned is based upon group size, see full details here.
** The average wage is subject to yearly review by the Internal Revenue Services (IRS). For more details, visit the IRS website: irs.gov/affordable-care-act/employers/small-business-health-care-tax-credit-and-the-shop-marketplace