Covered California sparks more competition in state’s health insurance market

California health insurance industry agent

Competition in California insurance market is growing thanks to the state’s exchange California’s health insurance exchange, called Covered California, has released a new enrollment report. The report shows that the state’s exchange has had a significant impact on competition in the California insurance market. The exchange has lead aggressive negotiations with insurance companies, ensuring that competition remains strong and consumers have a wealth of options when it comes to finding the coverage that they need. According to Covered California, more than 439,000 new people have enrolled into the exchange. 439,000…

Covered California launches massive health insurance data collection campaign

California health insurance

Covered California will be collecting data to better understand the insurance market California’s health insurance exchange, called Covered California, is set to launch a large-scale data-mining project that will aim to shed light on the way people are using their insurance coverage. The organization will collect information from the insurance companies providing policies through the exchange and it will also collect data concerning how these policies are used. Covered California will also record doctor visits, hospital stays, and prescription information. Some are concerned about the security of their information With…

Medical groups team with Covered California to promote health insurance

California health insurance

Medical groups to work with state’s insurance exchange to promote coverage among consumers Medical groups are joining forces to promote health insurance coverage in California. The California Medical Association, along with various physician, hospital, and pharmaceutical groups, has partnered with Covered California, the state’s insurance exchange. Together, the groups will be encouraging consumers to enroll in the exchange and receive the insurance coverage that they need. The exchange’s open enrollment period began last month and will run through February 2015. Covered California aims to enroll 500,000 people during current enrollment…

Health insurance enrollments at Covered California launched on Saturday

California health insurance

Residents of the state were able to begin using the service over the weekend in order to purchase their health plans. Covered California has once again opened its doors for residents of the state who are seeking to purchase their health insurance plans in order to comply with the requirements of the Affordable Care Act as it enters into its second round of open enrollment. The deadline for coverage to start, change or renew on January 15, 2015 is going to be December 15, 2014. This means that Californians now…

Covered California wins additional funding from federal government

California Health Insurance

Covered California receives $674 million grant The California health insurance exchange, which is called Covered California, has been awarded an additional $674 million in funds from the federal government. The funds will help with the development and launch of Covered California, as well as power the marketing campaign that will promote the health insurance exchange. The funds will be issued to the state over the next two years, with part of this grant to be used after Covered California officially begins operation in 2014. Funds to be used to market…