Category: Insurance

How to get help paying for your health insurance - step by step walkthrough

This morning's blog topic is a cross-post from the Quotebroker YouTube Channel. In the attached video we'll show you how to submit your information to see if you are eligible for assistance in paying for your health insurance, otherwise known as your Obamacare subsidy.  Take 5 minutes to watch the video and fill out the form and you'll receive your customized proposal in 24 hours.  ...

CoveredCA releases new health insurance plan rates for 2016 Open Enrollment period

CoveredCA, California's state-based health insurance exchange, has today released their 2016 rates and carriers.  We're still poring over the details but here are a few quick reactions: Two new carriers will enter the market- UnitedHealthcare and Oscar Health The weighted rate increase is a moderate 4% 2016 increases are less than the corresponding increases for 2015 Plan benefits have been reduced in many facets of coverage...

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: https://twitter.com/chadterhune/status/625769288054407168 https://twitter.com/healthaccess/status/625730344017203201 ...and from themselves, as well: https://twitter.com/CoveredCA/status/625733572498956288 CoveredCA deserves praise for keeping the weighted average rate increase to a reasonable 4%. However, what the media and CoveredCA themselves miss in their coverage is that the 2016 Standard Benefit Plan Design has changed from the 2015 offering, and...

California will not allow President Obama's Obamacare "fix" - Health plans scheduled to cancel as anticipated

Despite the president's wishes to the contrary, California yesterday rejected his plan to allow individuals to keep their current health plans through 2014.   In a press release, insurance commissioner Dave Jones expressed disappointment in the state health care exchange, CoveredCA, not allowing this provision to go through: Over a millionCalifornians have received cancellation notices from their health insurer. On behalf of these policyholders I...

President Obama allows individuals to keep their insurance plans through 2014

November 14, 2013– This morning, President Obama made an important announcement allowing individuals to keep their current healthcare policy in 2014, even if they do not meet the Affordable Care Act standards of coverage. The bigger issue is how California will respond.  The State of California DOI Commissioner, California Exchange (Covered California) and Companies offering coverage will need to decide whether or not to follow...