On January 9, 2008, it became effective through the HCSO (Health Care Security Ordinance that specific companies must provide coverage for their employees health care. As of right now, the expenditure for San Francisco insurance is around $1.23 an hour for those who employ 20 – 99 employees. For those who employ 100 employees or more, the expenditure is around $1.85 an hour.

On the 1^st of January, 2010, the expenditure increased to $1.31 to $1.96 an hour for San Francisco insurance. These amounts were obtained by averaging how much it costs for each employee. Unless your employee count is rather high, the cost per employee is going to be lower.

There are a few different options for employers to obtain San Francisco health insurance. The business can choose to pay the city by paying through the access plan called Healthy San Francisco. This winds up being about the same as what they would pay for a payroll tax. This is the cleanest way to go about abiding by the San Francisco insurance law. However, it is also the most expensive. Those businesses that are already offering their employees health insurance can choose to change their plans in order to abide by the city guidelines. However, if they have an employee that is outside of the San Francisco area, their rates increase and can cause problems with the administration and the employees.

There is another option for those who need to abide by this law. This option for the employer to offer San Francisco health insurance through the HRA or Health Reimbursement Account. This account is a plan that is funded completely by the employer and can be used to supply funds for certain medical expenses that qualify. The employer can choose to allow the funds to roll over or can choose to forfeit any money left over at the end of the year. Also, if an employee chooses to switch jobs, the employer retains the money.

There are a few options for San Francisco health insurance and each employer should research and choose their option wisely in order to obtain the best result.