May 24, 2013

California creates health exchange

California’s health insurance exchange is likely to be the largest exchange operated by a single state, with as many as 8.3 million residents expected to be eligible for coverage.

The exchange – signed into law this week – will provide consumers with a marketplace of insurance plans through a website that will provide standardized, detailed information about the plans and offer a toll-free number to help consumers understand their options.

In accordance with federal requirements, California’s exchange will offer health plans in five categories, ranging from catastrophic coverage for young adults to high-end plans with extensive benefits. The exchange also will provide resources to connect eligible Californians to federal subsidies for health coverage or government programs such as Medi-Cal, California’s Medicaid program

About Gregg Phillips

Technology Entrepreneur, Health and Human Services Consultant, State Administrator, Author, Researcher, Conservative

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