The Affordable Health Care Act As it Stands in California Today
California’s Exchange – Covered California One of the more important parts of the Affordable Care Act (ACA) are new, state-run, competitive health insurance ‘marketplaces’ also known as “Exchanges.” California’s health insurance marketplace is known as “ Covered California .” This is where individuals and small businesses will be able to purchase private health insurance for 2014. Individuals and small businesses will still, however, still be to purchase plans through agents, brokers and directly through health insurance carriers just as they do today. How ACA Effects California Individuals and Families In the in the hopes of making coverage more affordable, many individuals seeking health insurance may get financial assistance or a subsidy to purchase health insurance plans from Covered California. The amount of assistance will be determined by an individual’s or families’ income level in relation to the Federal Poverty Le...