If your company's health plan runs through Health Net, the clock is already running. The carrier is exiting the small group and large group market in California, and the notices have gone out.
Wesley Deaver, who runs employee benefits at Greyhawk, walks through what actually happens next: how much runway you have, what losing a low-cost competitor tends to do to everyone else's pricing, and the handful of creative options most employers never get shown.
This conversation reflects the personal opinions of the hosts and is for general discussion only. It is not legal, tax, or financial advice, and nothing in it confirms coverage under any plan. Carrier decisions, effective dates, and plan availability can change and are governed by the carrier and the plan documents as issued. Talk to a licensed professional about your specific situation.
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TIMESTAMPS
0:56 What just happened
1:52 Why a carrier walks away
3:50 The clock you did not know was running
5:46 The plan that was too good to last
7:51 Who is next
10:12 The options nobody shows you
15:22 Acting like your own insurance company
20:23 The conversation your broker should be having
ABOUT RISKY ASSETS
The Risky Assets Podcast is produced by Greyhawk Premier Insurance Solutions. Every episode is an honest conversation with entrepreneurs about building businesses, taking smart risks, and protecting what you create.
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What is Risky Assets?
What do you really know about insurance? Charlie Deaver and Daniel Clarke host Risky Assets, a podcast about insurance, financial strategy, entrepreneurship, and business management. They talk about how insurance is a means to investing in the future, and a necessary tool to be wielded by business owners. Their goal in both the podcast and their work at Greyhawk Insurance is to educate people on what proper structure is for their insurance, to think creatively about risk, and to share their experience with business owners who care about doing insurance right.