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Governor Brown signed SB 1446 Monday.
The bill allows businesses with fewer than 50 employees to renew and continue to offer health plans which were already in effect as of December, 2013 until December, 2016.
In effect, plans will be grandfathered until that date, even if they do not comply with Obamacare mandates on "essential benefits."
Small Business Advocate Scott Hague told Employee Benefits News, "I think it’s just mucking up the system and delaying things."
He added, "It’s going to make it more difficult to implement the ACA"
Raytheon recently relocated its space and airborne systems from El Segundo to McKinney, Texas.
Other big California companies that have relocated to Texas since 2011 include Titan Laboratories, Xeris Pharmaceuticals, Superconductor Technologies, Pacific Union Financial, and Med-Logics.
There's Little Wonder Why Toyota Moved to Texas
originally posted by: Diderot
a reply to: FarleyWayne
I may be wrong, but I thought that businesses with less than 50 employees were exempt from the ACA employer mandate.
Also, in my opinion, anyone who thinks that Gov. Brown and the Cal. Dems are trying to throw a wrench into the ACA gears, has got be living in Bizarro-World.