Covered California delays rate news

Covered California has postponed its annual rate announcement by at least several weeks as the political chaos surrounding health care policy swirls in the nation's capital. "This decision (to delay) is based on the ongoing federal uncertainty around the repeal and replacement attempts of the Affordable Care Act and the dramatic potential impacts such uncertainty has on the rates and on California consumers," the state Obamacare ... (More)

Obamacare exchanges in limbo

Covered California might not wrap up negotiations with insurers and announce 2018 premiums for its 1.4 million customers until mid-August -- about a month later than usual. The move came as California's Obamacare exchange scrubbed its annual rate announcement in mid-July, the latest sign of how the ongoing political drama over the Affordable Care Act is roiling insurance markets nationwide. Similar scenarios are playing out ... (More)

Lots of boos in Calif. for health bill

California politicians, medical providers and consumer advocates served up harsh critiques of the newly unveiled Senate health care bill, arguing that the proposed legislation could make coverage inaccessible for poor residents while cutting taxes on the rich. "This bill is not a health care bill," said Ed Hernandez, a Democrat and chair of the state Senate Health Committee. "This is a tax bill that will benefit the most wealthy ... (More)

Californians back Obamacare 2-1

Support for Obamacare remains at record levels in California, a new poll finds. More than half of those surveyed said they feared losing health coverage in the current political climate. Supporters of the Affordable Care Act outnumber opponents in California by a greater than 2-1 margin -- 65 percent to 26 percent. Pollsters, working on behalf of the California Health Care Foundation, asked Californians if they were worried that ... (More)

Covered Cal: Insurance chaos ahead

Californians' health insurance premiums could rise by almost 50 percent if the Trump administration succeeds in gutting the Affordable Care Act, the state's marketplace warns. As many as 340,000 Californians could lose health coverage under proposed changes to Obamacare, Covered California warned April 27. "This specter of uncertainty could lead to dramatically higher rates," said Peter Lee, chief of the state Obamacare ... (More)