While recently attending a broker event in Los Angeles, several brokers we spoke to thought CalCPA Health ONLY wrote CPA firms. Financial service firms are also in play.  In recent years, the California Society of Certified Public Accountants (CalCPA) expanded to include a broader swatch of firms, including financial service firms.   

So, what exactly is a financial service firm? Generally, think of businesses that help with or manage other people’s/businesses money, such as: wealth management firms, financial institutions, fiduciaries, loan brokers, etc. This is a good opportunity for health insurance brokers because their existing (business) customers have CPA and financial service firms they can easily prospect to.  

If you haven’t worked with CalCPA Health before, now is the time. We are a trusted carrier with long-standing relationships. Here are some reasons to write business with us:

• Largest provider networks: CalCPA Health rents Anthem’s Prudent Buyer – Delta Dental – Vision Service Plan (VSP) networks 
• Large selection of HSAs – Offering the most HSA plans in CA compared to other carriers (CPAs and financial professionals like HSA plans – they understand the tax benefits)
  • Fully integrated HSA administration
• Long history of stable premiums – 3.4% average rate increase over the past 9 years
• Low participation for Kaiser stand-along 
• Level 7% commission (first & renewal) for small group (2-50 enrolled)
• Complimentary COBRA administration
• Owners-only firms are eligible
• Owner and W-2 spouse can be written as a small group
• Rates are based on the employee’s ZIP code – not the firm’s home office

CalCPA Health was created by the California Society of Certified Public Accountants in 1959 so their members could access quality healthcare plans. If you have written cases with us in the past or if you have never heard of us, we ask that you look at what we have to offer you and your clients. 

CalCPA Health – Health plans for CPAs and Financial Service Firms since 1959

Medical – Dental – Vision – Life – LTD

*Note: Eligibility requirements (in-part): CalCPA Health is available to CalCPA member firms and financial professional firms in public practice or offering general financial services. To obtain or retain eligibility, at least 50% of all the Employer’s owners (i.e. principals, proprietors, partners, shareholders or other owners) must be active members of CalCPA and remain in good standing. CalCPA Health does not offer Medicare plans.