Tag: California health insurance exchange

California health insurance exchange to go to Accenture

California health insurance

The state will pay the company almost $360 million for creating and operating the enrollment system. State officials have announced that the contract for the California health insurance exchange eligibility and enrollment system will go to Accenture, for $359 million, The company is expected to have the system up and running to by late 2013. It will need to allow residents of the state, as well as small businesses, to shop for medical coverage and find out whether or not they are eligible to obtain federal healthcare subsidies, as well…

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New California laws bring promising changes to the state’s insurance industry

S.Vagus

California Governor Jerry Brown signed into law a number of health care legislations this month. Many of the laws were designed to bring affordable health insurance to those in greatest need. The new legislations are expected to make some major changes to the state’s health insurance industry as they introduce stiffer regulations concerning rates and practices. Small businesses in the state will be afforded a number of benefits from the laws in the hopes of ensuring employees are able to keep their insurance benefits. Of note, Senate Bill 51 will…

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California legislators debate on new health care plan that could expand insurance coverage

California lawmakers are considering a new health insurance system that will help people obtain coverage they could not afford otherwise. Called the Basic Health Program, the initiative is designed with lower-income households in mind. The program is meant to serve a stepping stone between Medicaid and private insurance plans by offering alternatives to expensive coverage plans offered by most insurance companies. Legislators are currently examining the benefits such a program would have for state residents and how those benefits would affect the state’s insurance industry. Many families in California cannot…

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The criteria that states must meet for health insurance exchange marketplace

Julie Campbell

The Department of Health and Human Services (HHS) is awarding 13 states as well as Washington D.C. a total of $185 million to help to fund the planning and creation of the state-based insurance exchanges that are required by the federal healthcare overhaul. Each will receive a different amount as their portion of the total. For example, California will receive $38 million in order to create its exchange. The governors of the recipient states received a letter from secretary Kathleen Sebelius of HHS, which described the various options and resources…

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California to receive over $38 million to create state insurance exchange

Nordstrom

The Department of Health and Human Services announced on Friday, August 12, 2011, that California would be receiving over $38 million from the $185 in total funds that were being distributed among 13 states and Washington D.C., in order to assist with the development of state health insurance exchanges which are required under the nationwide health reform laws that went into place last year. On the same day, the Department of the Treasury, in conjunction with the HHS, issued the proposed rules that the states would need to follow for…

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