Blue Shield loses tax exemption

State tax regulators have pulled the exempt status of health-care giant Blue Shield, one of the major participants in California's Obamacare operation. The move came in August, but was only publicized in mid-March. The story broke in the Los Angeles Times. Blue Shield of California said it was appealing the decision. It has not paid state income taxes since 1939, but does pay federal taxes. The health-care provider reportedly has ... (More)

Obamacare subsidies backed in poll

Despite months of news coverage, most people say they have heard little or nothing about a Supreme Court case that could eliminate subsidies helping millions of Americans afford coverage under the federal health law, according to a poll. But when respondents were told about the case, King v. Burwell, about two-thirds said that if the court strikes down the subsidies, then Congress or state officials should step in to restore them, ... (More)

Uninsured extension for Obamacare

Noting that "health care and taxes now are linked arm in arm," Covered California has extended the 2015 signup deadline for the uninsured who admit they were clueless about penalties for not having health-care coverage. The state Obamacare operation's move -- the second extension of 2015 -- mirrors one by the federal government. Both extensions had been expected due to lobbying by lawmakers and consumer advocates. "Many people who ... (More)

Calif. subsidies average $5,200

About 800,000 California households have received federal subsidies under Obamacare, with an estimated average of $5,200 in assistance, Covered California reports. That comes to about $436 per month per household, the state Obamacare operation said. "The assistance provided through the Affordable Care Act helped bring health coverage within reach for more than a million people, and it changed lives across the state," said Covered ... (More)