Recently, the 2023 San Francisco Health Care Security Ordinance (SF HCSO) expenditure rates were released, which are increased annually and vary based on employer size.
For 2023, medium-sized covered employers must spend $2.27 per hour payable (up to a maximum of $390.44 per month, based on a maximum of 172 hours payable) and large covered employers must spend $3.40 per hour payable (up to a maximum of $584.80 per month, based on a maximum of 172 hours payable) on their covered employees’ health care.
The new 2023 rates, as compared to the 2022 rates, are outlined below:
|2023 Rates||2022 Rates|
As a reminder, SF HCSO requires covered employers to spend a minimum amount on covered employees’ healthcare. For more information on who qualifies as a covered employer, which employees are covered by the ordinance, and other employer obligations under the SF HCSO regulations, we recommend employers review the SF HCSO website and accompanying regulations.