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Premium increases largely vary by region and plan, but most consumers will receive subsidies that will protect them from steep hikes.
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Every year thousands of Californians are shocked to learn they owe the IRS for their subsidized health plan. Here’s how to avoid it.
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California is one of four states that levies a tax penalty on uninsured households. Many people paying the fines are eligible for heavily subsidized health insurance through Covered California.
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The last opportunity to sign up for health insurance for 2024 through California’s marketplace, Covered California, is this week. The deadline is Wednesday, Jan. 31 at 11:59 p.m.
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California set up a fund to cut out-of-pocket costs for those enrolled in Covered California, but Gov. Gavin Newsom’s proposed budget shifts that money to other expenses.
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Under previous rules, family members of those who had insurance through an employer were not eligible for Covered California. In some cases, those employer plans cover the employee but are expensive for spouses and children, leaving families with few options.
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Health care costs are just another budget item that’s going up for Californians. Premiums for those insured through the state-run health insurance marketplace are expected to go up by 6% next year..
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People buying insurance through Covered California might see lower prices this time around, following changes in Gov. Gavin Newsom’s most recent state…