Open Enrollment Season Is Here- Penalty 2016 is $695 or 2.5% of Income

Now is the time to make changes or enroll in a new health plan either on or off the Exchange.  The penalty for not having health insurance in 2016 has increased to a tax penalty of $695 per adult, $347.50 per child or 2.5% of income (whichever is greater).  It’s important to note that the…

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Covered California Announces 2016 Rate Increase

SACRAMENTO, Calif. — Covered California announced its rates for 2016 and unveiled which health insurance companies will be offering plans through the marketplace. The statewide weighted average increase will be 4 percent, which is lower than last year’s increase of 4.2 percent and represents a dramatic change from the trends that individuals faced in the…

Covered CA Identity Proof Now Required

Identity Proofing Required as of August 4, 2014 New Job Aid Available As of today, August 4, 2014, with Covered California’s new enrollment system release, consumers are now required to submit proof of identity when applying for coverage. This process can be completed by a consumer or with your help as their Certified Insurance Agent. Identity…

COVERED CALIFORNIA ANNOUNCES RATES FOR 2015

FOR IMMEDIATE RELEASE Media Line: (916) 205-8403 July 31, 2014 COVERED CALIFORNIA ANNOUNCES RATES FOR 2015; RIGOROUS NEGOTIATIONS WITH HEALTH INSURANCE COMPANIES KEEP RATE INCREASES LOW AND CHOICES ROBUST Strong Enrollment for 2014 Prompts Balanced Risk Pool and Competition.                                …