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)
State plans for loss of subsidies
Covered California's board fears health-care subsidies are headed for the federal government's chopping block -- and is taking action. The board confirmed June 15 that insurers must submit a pair of rate proposals for 2018 -- one with continued cost-sharing reductions and one without. Covered California will require participating plans to offer a "separately rated, non-mirrored" silver plan off exchange that is nearly identical to ... (More)
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