More than 318,000 consumers have initiated health insurance via Covered California during the current open-enrollment period, which runs through Jan. 31. The new signup number already has surpassed the 2019 open-enrollment total of 295,000. "Thousands are signing up every day and we're not done yet," said Covered California chief Peter Lee. "Californians have until midnight on January 31st to sign up and not only avoid paying a ... (More)
Jan. 1 coverage deadline extended
Reacting to "a strong surge in enrollment," Covered California has extended the deadline for coverage to begin Jan. 1. Consumers now have through Friday, Dec. 20, to have their coverage go into effect with the coming of the new year. "Open enrollment is full-steam ahead, and this year's enrollment period is more important than before," Covered California chief Peter Lee (pictured) said Dec. 16 in announcing the ... (More)
Covered California open for signups
Covered California's open enrollment is under way. It runs through Jan. 15. The signup period unfurls accompanied by a series of changes. Californians who fail to obtain health insurance again will be penalized come tax time. The return of the "individual mandate" sees a minimum $695 state tax penalty. Gov. Gavin Newsom agreed to that change during the summer. The state's middle class will enjoy expanded subsidies in 2020. The new ... (More)
Covered Cal premium hikes at 1%
Covered California's average rate increase for 2020 will be just under 1 percent, officials said. The good news came shortly after state lawmakers reinstated a penalty for residents who fail to carry health insurance, similar to the "individual mandate" imposed under the federal Affordable Care Act. Covered California said it was "the lowest change" since the insurance marketplace launched. All 11 health insurance companies ... (More)
Individual mandate back in Calif.
Californians again face a tax penalty for not having health insurance. Gov. Gavin Newsom, left, signed into law the Legislature's plan to reintroduce a so-called individual mandate, effective Jan. 1, 2020. Californians are required to have "minimal essential" health coverage. Led by President Trump, the federal government in 2017 killed the Obamacare penalty, effective with this tax year. The new state penalty is designed to ... (More)
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