Anthem Blue Cross (all but) pulling out of California

      The lead was certainly the 12.5% average rate increase for CoveredCA health plan holders, but the more shocking revelation from the CoveredCA press release this morning was the announcement that Anthem will withdraw from 16 of 19 regions in California. The 3 remaining regions are 1, 7 and 10, the counties belonging to which can be found here.  Region 1 includes the... Read Article

CoveredCA 2016 Standard Benefit Grid at a glance

In anticipation of 2016’s health insurance Open Enrollment season, here is the CoveredCA 2016 Benefit Grid showing the differences between the various plans offered.  Some quick notes on how to read these benefits: The first 2 plans (Bronze, Silver) and the last 2 plans (Gold,Platinum) are going to be the plans applicable to the majority of people Only those earning within certain income limits have access to the... Read Article

Anthem Blue Cross agrees to pay $8.3 million to California clients to settle class action lawsuit

    On Tuesday it was announced that Anthem Blue Cross has agreed to reumburse $8.3 million dollars to approximately 50,000 California clients. The payment is the result of a settlement to a 2011 lawsuit alleging that the carrier made changes to client health plans mid-year.  In addition to an informational website being established, notices of the settlement will be mailed to affected subscribers.  Checks... Read Article

A deeper look at CoveredCA’s 2016 rate increase with the California HealthCare Foundation Center for Health Reporting’s Emily Bazar

Last month Quotebroker collaborated with Emily Bazar, columnist and senior writer for the California HealthCare Foundation Center for Health Reporting, to look deeper into CoveredCa’s 2016 rate adjustment announcement. CoveredCA’s focus was on a relatively modest weighted rate increase of only 4.0%.  However, Emily and I dug deeper into the proposed benefit summaries to unearth some important changes that helped CoveredCA keep the 2016 rates in check.... Read Article

Benefit Breakdown: Media coverage of CoveredCA rate release buries lede as 2016 plans offer decreased benefits

Yesterday CoveredCA released their 2016 rates and carriers and generally received a favorable reception from media outlets: Doomsday isn't today: Obamacare rates to rise 4% in Calif. as insurers compete in biggest exchange #ACA http://t.co/Vjcgkfbu9G — Chad Terhune (@chadterhune) July 27, 2015 2016: 10 health plans have avg rated increase of 4%. It shows the ACA is working for Californians. @CoveredCA — Health Access CA... Read Article