Tax-credit jeopardy for 24,000

An error by Covered California has left about 24,000 policy holders at risk of losing their federal tax credits in January if they don't give the state health insurance exchange permission to verify their income. Covered California is engaged in a last-minute scramble to reach those individuals and families before the end of the month, spokeswoman Lizelda Lopez said. For policy holders who don't give the agency their consent by ... (More)

Covered California future in doubt

Before Election Day, California's insurance exchange was slated to meet soon to map out its "long-term vision" for health reform. That conversation has suddenly shifted to whether the largest state-run marketplace has much of a long-term future itself. President-elect Donald Trump and Republican congressional leaders have vowed to quickly repeal the health law that keeps federal premium subsidies flowing to California. And those ... (More)

20 mil insured under Obamacare

An estimated 20 million U.S. adults have benefited from "gains in health insurance" since enactment of the Affordable Care Act six years ago, the government says. The uninsured rate for adults (ages 18 to 64) fell by 43 percent between October 2013 and early 2016, the Department of Health and Human Services said March 3. It cited a "dramatic and steady decline in the uninsured rate." "This is the lowest rate of uninsured we've ... (More)

Covered Cal welcomes 238,000

More than 238,000 new consumers have enrolled for private health care insurance via Covered California, officials say. The report comes as the third Obamacare enrollment period enters its final month. In addition, more than 124,000 Covered California consumers signed up for optional family dental coverage, which is new this signup period. The figures are of Jan. 2. Meanwhile, the federal government said 11.3 million have ... (More)

Average $969 penalty in 2016

The penalty for failing to have health insurance is going up, perhaps even higher than you expected. Among uninsured individuals who are not exempt from the Affordable Care Act penalty, the average household fine for not having insurance in 2015 will be $661, rising to $969 per household in 2016, according to a Kaiser Family Foundation analysis. Individuals will pay the penalty when they complete their federal taxes the following ... (More)