Covered California

First it’s important to know that under the Affordable Care Act, Insurers must charge the sick and healthy people the same premium. Here are some other rating factors outlined for California effective January 1, 2014: Age – limited to a 3:1 ratio. This means that a rate for a 64 year old cannot be more than […]

IMPORTANT Pre-Existing Condition Insurance Plan (PCIP) Transition Information   Watch your regular US Mail this month for very important information about your PCIP health insurance policy that will cease on 07/01/13.    Due to a lack of program funding, effective 07/01/13 California will no longer operate the existing California state PCIP program.  You will need […]

Health Care Reform – What We Know So Far Effective 2014: With a few exceptions, all United States residents are required to have health insurance in 2014 or pay a tax penalty in 2015, in the amount of $95.00 or 1% of their income whichever is greater. This penalty will increase each year.  There are […]

In order to proactively keep costs down within the health insurance plans being offered through the health insurance exchanges, insurers are proposing that the providers accept lower payments for services rendered.  Insurers are proposing that the providers grant discounts from what they are usually paid and in return they are expected to make up the […]