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
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.
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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
Late last week CoveredCA, California’s state-based health insurance exchange, announced its 2015 rate increase and carriers via press release on their homepage. You as the consumer likely have many questions. Is my health insurance rate increasing? Are we getting any new carriers on the CoveredCA exchange? In short, not much will change in 2015. First, the carriers. In 2015, the carriers that will be offered... Read Article
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... Read Article