California health insurance premiums set to spike under Affordable Care Act

California health insurance

Covered California data paints different picture for health insurance costs A great deal of confusion has begun to surround the effect the Affordable Care Act will have on health insurance rates in California. Recently, state officials reported that the federal law would lead to a much lower than expected increase in health insurance premiums. These reports were based on information provided by Covered California, the state’s health insurance exchange. The information provided by the exchange does, however, offer a different outlook on the issue that state officials may have overlooked.…

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Health insurance prices in California announced

health insurance promotion

Consumers can now start to understand what they will be paying when the Affordable Care Act is implemented. California has now released the price that consumers will be paying for a number of health insurance plans that will be offered through the state’s exchange as a result of the Affordable Care Act, which will go into full effect in 2014. These newly released prices offer a glimpse of what the coverage will cost in the rest of the country. Within the federal healthcare law overhaul, Americans who are not able…

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Three large insurers opt out of California health insurance exchange

Health Insurance company merger Aetna

Health insurance companies choose to opt out of exchange program California’s health insurance exchange, called Covered California, is beginning to take shape as it inches closer to becoming fully active at the end of this year. The exchange has been accepting policy applications from numerous health insurance companies throughout the state, all of which seem eager to participate in the exchange system. Three of the state’s largest insurers, however, have decided to opt out of the exchange program, at least for the first year of its operation. Decision could limit…

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Federal government takes over health insurance program in California

health care reform

California health insurance program now under federal control California’s high-risk health insurance program is set to be taken over by the federal government in the coming weeks. The state’s Pre-Existing Condition Insurance Plan was established to ensure that state residents with serious and chronic medical issues were able to find the health insurance coverage they needed. The program itself has been somewhat successful in this endeavor as it provides coverage for some 17,000 Californians. There had been concerns, however, that the program would not be able to last for the…

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Health insurance exchange in California awards grants worth $37 million

health insurance promotion

There have been 48 grants for 16 winners whose names have now been announced in the state. The Sacramento Employment and Training Agency, and the UC Davis Center for Reducing Health Disparities has joined a list of nearly fifty other organizations that are the recipients of a total of $37 million in grants from the health insurance exchange in California. This was a part of an education and outreach grant program by Covered California. There were a total of 16 winners of the grants that totaled millions of dollars from…

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