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Important Facts You Need to Know About Covered California Obamacare

The health insurance marketplace in the US state of California is called Covered California basing on the Patient Protection and Affordable Care Act, wherein the exchange enables individuals and small business to avail of health insurance at federally subsidized rates. The California government manages Covered California through an independent agency, making easier to figure out the different health insurance plans and their coverage. In September 2010, the California Health Benefit Exchange was created when then-Governor Arnold Schwarzenegger prioritized Obamacare. Covered California is the place where Californians can obtain a brand-name health insurance under the Patient Protection and Affordable Care Act and Obamacare.

The different insurance companies participating in Covered California for the individual and family exchange as of 2017 are the following: Sharp Health Plan, Valley Health Plan (owned by Santa Clara County), Health Net, Kaiser foundation health Plan, L.A. Care Health Plan, Molina Healthcare, Oscar Health, Chinese Community Health Plan, Western Health Advantage, Anthem Blue Cross of California, Blue Shield of California, and Brand New Day. The open enrollment for Covered California or Obamacare begins each fall, and others may be eligible to sign up anytime within the year due to life-changing events like moving, giving birth, or getting married. In order to qualify for assistance under the Obamacare, a household should have an income that ranges 0% to 400% of FPL or Federal Poverty Level.

You can check on Obamacare income guidelines chart based on the Federal Poverty Level online. According to the Obamacare Income Guidelines and salary restrictions, an individual earns less than $47,520 in a year, or a family makes less than $97,200 per year, they may qualify for government assistance basing on their income, and a greater amount of government assistance is available if a family has a lower household net income. What are the requirements for low-income females who are expecting a baby? Pregnant women may qualify for Covered California if her household earnings is more than 138% to 213%. Children under 19 years old may qualify to enroll on Obama Care California plans for MediCal when the family household income is 266% or less. Failure to present any proof of income such as bank statement or pay stub may lose your Obamacare subsidy or health coverage.

Now, with the Obamacare or like medicare simplified, quality healthcare is accessible to all Californians, thus making a healthy community. If you need help to answer the question, “Where can I find the Covered California offices near me?”, come and visit Covered California website now! Be an informed California citizen, know your rights and benefits, feel free to visit our website or homepage for related articles now! Health is wealth, so take advantage of quality health care through Obamacare now.

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