RANCHO CORDOVA (CBS13) – Vision Service Plan is staying in Rancho Cordova and says it will expand operations after a state agency voted to rewrite the rules for implementing the affordable health care exchange in California.
The California Health Benefit Exchange board voted unanimously Tuesday to rewrite rules allowing VSP to sell insurance to individuals in California. It had previously said standalone vision care plans such as VSP could sell insurance to businesses but not individuals. That decision had VSP considering its future in the state.
After Tuesday’s ruling, VSP said it would add about 400 jobs to the region. It employs more than 2,000 in the Sacramento area.
Of the 400 new jobs, VSP said about 250 would go to its lens grinding center in Rancho Cordova. The rest would be in support positions.