California Health Insurance Act (SB2) Data Update
On October 5, 2003, Governor Gray Davis signed into law the California Health Insurance Act of 2003 (also referred to as SB2). This law would require employers with 200 or more workers to either pay into a fund that will provide coverage to their workers or to pay for 80% of the premium costs for their workers and dependents (effective January 1, 2006). Medium-sized employers (between 50 and 199 workers) would be required either to pay into the fund or pay for 80% of the premium costs for their employees by January 1, 2007. This chartpack updates an earlier analysis of the 2002 Kaiser/HRET California Employer Health Benefits Survey to provide data in employment categories that are more closely aligned with those of the California Health Insurance Act of 2003.