Tag: California

California health care bill calls for state-run system

Marc
teamwork undocumented immigrant california health care reform bill

Looking forward to Congress’s likely repeal of the Affordable Care Act, the state is considering alternatives. The California health care system may be turned on its head if the Affordable Care Act is repealed. A state senator is looking to establish a state-run single-payer system through newly introduced legislation. This alternative system would allow the state to conduct the negotiations with providers and other companies. The proposed single-payer California health care system would have the state negotiating their own prices with providers and pharmaceutical companies among others. This would allow…

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California Insurance Commissioner granted greater homeowners coverage authority

G. Turner
homeowners insurance companies

The state’s Supreme Court ruled that the legislature gave California power to make certain specifications. The California Insurance Commissioner has the authority to decide which factors must be covered by homeowners insurance replacement cost estimate tools, says a state Supreme Court ruling. This will allow the commissioner to say what estimate tools home insurance companies are permitted to use. The decision updated a law from 2011 which was meant to help to reduce the ongoing underinsurance problem in the state. The original issue became truly problematic in 1991 when the…

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209,000 California insurance jobs could disappear from ACA repeal

G. Turner
california insurance jobs

The state has hired former U.S. Attorney General Eric Holder as outside counsel to overcome this challenge. As the Republican party launches its efforts to deconstruct the Affordable Care Act (ACA), a recent study suggests massive damage to California insurance jobs. In fact, the research indicated that the state could see losses of over 200,000 insurance and health care positions from an ACA repeal. Repealing the federal health care reform could also slash an annual $20.5 billion from the California economy. These forecasts were produced by the UC Berkeley Center…

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Zenefits California insurance company must pay $7 million fine

G. Turner
California Insurance company Fraud scam

The insurer was charged the fine by the state’s regulator for the use of certain software to illegally license staff. California insurance company, Zenefits, is now facing a fine of $7 million from the state’s regulator. This fine is primarily the result of the insurer’s use of software that made it possible to complete the pre-licensing coursework in a period of time below the state requirement. The California Department of Insurance penalized the health insurer with the multimillion dollar fine, last week. As a result, Zenefits is now facing one…

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California lawmakers consider tax package targeting state health insurance program

S.Vagus
California health insurance

Lawmakers aim to support Medi-Cal program with ambitious tax package Lawmakers in California may opt to take action on a tax package that aims to prevent a gap of $1.1 billion in the state’s health insurance program. The California Senate and Assembly are considering three pieces of legislation during a special legislative session, which was called last year in order to adjust taxes on insurance plans. The federal government has announced that it will discontinue support for the state’s Medi-Cal program if lawmakers are not able to effectively address tax…

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