Last Week, Covered California, the health insurance marketplace that California is establishing under the Affordable Care Act, released premium rates for 2014 health insurance plans. Before the release, rumors of “rate shock” were swirling, with predictions of much higher insurance premiums filling the headlines. Now that the rates are out, only opponents of the health care law are experiencing shock.
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Just last month, legislation was signed in California that created the state’s insurance exchange, making California the first state to establish an insurance exchange since the Affordable Care Act passed! If that wasn’t enough good news for you, we just heard more good news from the Golden State this week: On Tuesday, the federal government approved a five-year, $10 billion dollar “Bridge to Reform” plan to expand and improve California’s Medicaid program.
In a nutshell, California’s Bridge to Reform plan will:
This blog was originally written and posted by California Health Access.
The California Health Benefits Exchange Board held its first meeting today in Sacramento. The Board, staff, and nearly 100 stakeholders in the audience were well aware of the significance of the meeting, which represents the first official and concrete action toward expanding coverage and extending consumer protections to the 4 million Californians.
Despite the recent epic snowfall in D.C., our congressional leaders and President Barack Obama have continued to work towards a compromise on the health reform bills, in hopes of finding a way to move it across the finish line. Unfortunately, reform has not come quickly enough for many people in California.
Making the Promise Real
Leading lawmakers, along with the editor of the Wonkblog, provided a landscape view of the implementation of the Affordable Care Act and map out the challenges and opportunities in the coming year. | Transcript (PDF)