Will the American Rescue Plan Make California Health insurance affordable?

California health insurance - US health money

Covered California is urging state residents to take a second look at prices, as many have fallen. The California health insurance exchange is asking uninsured state residents to take a second look at what is available to them, as the new American Rescue Plan has reduced the price of some options. The federal law could make it notably cheaper to purchase a health plan on Covered California. According to a new report by Californiahealthline.org, the American Rescue Plan (ARP) has the potential to bring California health insurance into the hands…

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Health insurance plan coverage for 5 million Californians at risk

Health insurance plan coverage - statue of Lady Justice

Legal experts indicate that the ACA is likely to survive but a ruling may not occur until spring 2021. If the US Supreme Court decides to overturn the Affordable Care Act (ACA), health insurance plan coverage among Californians could face the biggest risk in the country. Millions of people across the state rely on billions in federal funds to afford their policies. The state has implemented a spectrum of forms of health insurance plan coverage and programs since Obamacare went into place. These include initiatives that expand well beyond the…

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California residents with no health insurance risk tax penalties

No Health Insurance - Person holding money

Uninsured people living in the state may have to shell out for failing to enroll in a health plan. California residents are being advised that a new state law says that if they have no health insurance, they may face a significant tax penalty. This regulation would apply to next year’s health plans and those in following years. That said, it’s important to note that not all people with no health insurance will be required to pay. There are certain exceptions that will allow some residents to be able to…

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California health insurance subsidies now apply to more middle-income families

California health insurance subsidies - Covered California - YouTube

As the open enrollment period begins, more state residents will qualify for financial assistance. Open enrollment began as of yesterday, and a higher number of middle-income families will discover that they qualify for California health insurance subsidies for next year’s coverage. The open enrollment period for the Covered California exchange is October 15 to January 31. Families who have enrolled for their health plans by December 15, regardless of whether they qualify for California health insurance subsidies, will have coverage effective January 1, 2020. That said, their coverage will begin…

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Number of people with California health insurance to fall over next half decade

California health insurance - Heart monitor

The falling uninsured rates trend in the state is expected to make a U-turn due to ACA changes. Up to 800,000 fewer people will have a California health insurance plan in 2023, according to recent research estimates. Changes made to the Affordable Care Act have reduced the incentive to purchase coverage. This will reverse an improvement trend in coverage rates that has extended over many years. The Affordable Care Act had been steadily reducing the number of uninsured Californians. Recent changes to official policy would remove the Affordable Care Act’s…

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State lawmakers seek to create California health insurance bills to maintain coverage

Health insurance care reform confusion debate

The houses of the legislature are attempting to continue the health care reforms regardless of the Supreme Court’s decision. If the lawmakers in the state are successful, affordable California health insurance will remain available to residents with pre-existing conditions who are purchasing their coverage on the individual market in 2014 no matter what ruling the United States Supreme Court makes later on in June 2012. Identical bills in both houses of the legislature have been put forward for the coverage of pre-existing conditions. They would also form new regulations for…

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The California health insurance industry from the perspective of the Insurance Commissioner

California life Insurance Commissioner Dave Jones

Dave Jones has been in office since early 2011 and has made healthcare reforms a top priority. From the time that Dave Jones became the state insurance commissioner, California health insurance reforms have been a primary priority, and this goal has continued with a ballot measure that he is now backing. The measure is the Insurance Rate Public Justification and Accountability Act. Should this measure pass, it will give him the authority to block increases to rates that he considers to be excessive. He explained that as this type of…

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