Individual Shared Responsibility Penalty

California has instituted an Individual Shared Responsibility Penalty starting in 2020. This penalty will be imposed on those who fail to maintain Minimum Essential Coverage. The penalty amount will vary based on several factors and can be quite complex to figure out. WBCompliance has developed two resources to simplify this process and to assist brokers in serving their clients.

 

2020 CA Individual Shared Responsibility Penalty Flow Chart

2020 CA Individual Mandate FAQs

How Much Can You Earn as an Insurance Broker?

Find out what you can be earning as an insurance agent in our handy, up-to-date salary guide. Produced by our in-house experts, this resource is bound to help you in advancing your career.

Word & Brown Salary Guide
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