Tags Health insurance marketplace
Tag: health insurance marketplace
In response to a strong surge in demand, Covered California is giving consumers more time to sign up for health coverage that will begin on Jan. 1, 2018. Over the past three days, Covered California has seen more than 38,000 new consumers sign up for coverage, which means that as of Dec. 13 more than 182,000 new consumers have signed up for coverage since open enrollment began.
A new independent study by The Commonwealth Fund found Covered California consumers are protecting themselves from rate changes and paying much less than the average price of plans by shopping for the best value. The study looked at the policies Covered California consumers purchased between 2014 and 2016 and found the average price paid in each year has been between 11 and 15 percent less than the average price of the plans offered.
Thanks to a strong increase in demand, Covered California is giving consumers more time to sign up for health coverage that will start on Jan. 1. More than 25,000 new consumers selected a plan during the first two days of this week, which is more than enrolled at this time last year. “This strong demand shows that Californians are using the competitive marketplace that Covered California provides,” said Peter V. Lee, executive director of Covered California.
Three of the largest churches in Los Angeles County – First African Methodist Episcopal Church of Los Angeles (FAME), Faithful Central Bible Church and City of Refuge Church – joined forces with Covered California over MLK Jr. Day weekend to reach the African American community with a message that health insurance is now a right that is available to everyone, and it is time to exercise that right by enrolling and getting family and friends to enroll.
Covered California is reminding consumers that time is running out to avoid the increased tax penalty for those who do not have health insurance in 2016, and the exchange is encouraging Californians without coverage to explore their options and sign up to avoid a big tax bill. The deadline to sign up for a health insurance plan that starts on Feb. 1 is Friday, Jan. 15. Open enrollment runs through Jan. 31, and anyone signing up between Jan. 16 and Jan. 31 will have their health care coverage start on March 1.
Covered California has released a list of the top areas in the San Francisco Bay Area where high numbers of people who qualify for subsidized health insurance are believed to reside. The “hot spots” released today show the estimated highest concentrations of subsidy-eligible uninsured individuals – people who qualify for help to buy health insurance through Covered California but have not yet taken advantage of it.