California Health Insurance Company, Master Insurance Services, Discusses the Groundbreaking New Bill Creating Health Insurance Plans for Low-Income Residents

    ENCINO, CA, June 14, 2011 /24-7PressRelease/ -- Affordable employee health insurance in Los Angeles is now one step closer for low-income workers, as discussed by Master Insurance Services. A new bill passed in the California State Senate is creating a new health insurance opportunity for workers that live near the federal poverty level. If signed into law by the Governor, these plans will help to insure over 700,000 people that live without any type of health insurance.

These new programs are unlike the way that insurance was purchased in the past. Federal money instead of state money is used to subsidize the cost of this insurance for individuals and families. Up to 95% of federal money is being used to pay for these plans with the remaining 5% to be paid from the premiums of policyholders. This is creating more opportunity for obtaining small business health insurance in Los Angeles and extending care to those who need it the most.

New health care reform measures are lowering the cost of health care insurance for all qualified individuals and families. Every resident deserves to have access to affordable health care insurance that provides coverage for basic medical needs. With the passage of the new bill, basic health insurance has an estimated cost of about $30 each month. This is good news for sole proprietors that have trouble finding self employed health insurance plans in California.

It is no secret that one of the largest expenses for a business is the cost of health insurance. The rising costs are preventing more companies from offering insurance to their workers. This new legislation will provide employers with more options for obtaining group health insurance in Los Angeles.

Master Insurance Services, also known as Sofi Insurance, is a leading provider of health insurance plans. By creating one of the most popular online insurance quotation systems, Master Insurance Services makes it effortless to find life, health, student, small business, group, auto, home and dental insurance that can fit into any budget.

For more information about how Master Insurance Services can help you find affordable health insurance policies, visit http://www.lahealthcoverage.com. You can also call (800) 636-7707 or visit them at their office located at 16661 Ventura Blvd #523 in San Fernando Valley, CA 91436.

PR by http://www.seocompanyca.com

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