by Chris Huckins Google+ Email 


Articles tagged with: Covered California Riverside

09 May 2013

Introducing Covered California

Posted in Covered California

Introducing Covered California

UPDATED: See new Obamacare individual and family plans here.

UPDATED: See new Obamacare small business plans here.

    On October 1st, open enrollment begins for the health insurance marketplace (Exchange) known as Covered California, continuing through March 31st, 2014. What happens when the Exchange closes and you're left outside, wandering the streets of Los Angeles without insurance? As mandated by Obamacare (the Affordable Care Act), Americans must carry coverage through 2014 or pay an annual tax. If you have insurance already: great! There's nothing you need to do. Still want to shop around? Please continue reading!

    When earlier this spring Jurassic Park 3D debuted in Los Angeles, the state's Exchange, Covered California debuted its first town hall meeting in Riverside, California. Seats filled with insurance brokers from Los Angeles, teachers out of Riverside, and curious consumers across California: all engaged to learn the basics to Covered California. We were happy to be the last speakers at such a milestone event.

Above: A family of 4 enters the new marketplace, Covered California.

    Signed into law on March 23rd, 2010, the Affordable Care Act (Obamacare) requires each state organize an Exchange. On May 23rd, Covered California unveiled Obamacare health insurance through the Exchange, called Qualified Health Plans (QHPs). These plans are federally-required to be affordable for low to middle income consumers and contain 10 Essential Benefits.

    At Haronian Insurance we are Covered California Certified Agents, meaning we offer new Obamacare plans at an affordable price as well as traditional private insurance. Don't want to call the state call center or figure out the state website? Let us enroll for you and find the best plan out there.

    Covered California will make health insurance available for everyone, but as an added bonus, over 3 million Californians will qualify for tax credits ("subsidies") if they purchase Exchange health insurance plans. Beginning October 1st, tax credits will instantly lower the cost for health insurance if you qualify and enroll. What an age we live in!

    To keep it simple, individuals and families who make between 100% and 400% of the Federal Poverty Level (FPL) qualify for subsidies. For individuals, that's around $14,000-$44,000. For a family of four, it's between $30,000-$92,000. Below shows the estimated monthly premium (in black) for a 40-year-old once subsidies (shown in "dollar bill green") are applied.

    Wish you attended Covered California's Riverside town hall meeting? Another meeting for Covered California in San Jose happens, May 10th, and Haronian Insurance will attend if you have any questions. Check it out by registering at 888.975.1141.

    Don't be left uncovered this fall, especially if you qualify for tax credits. To find out how much you can save on health insurance call 818.251.5000 or click below for a free quote!

27 April 2013

Obamacare Delays Hit California

Posted in Latest News

Obamacare Delays Hit California

    Covered California was stricken with 2 delays this week while I was stricken with a cold. Deciding on a model healthcare plan contract and releasing the names of organizations who will receive over $30 million of federal dollars to perform outreach and eduction on Obamacare (Affordable Care Act) never came through this week. On a lighter note, a huge milestone by Covered California: opening its first town hall meeting at the University of California, Riverside arrived on time yesterday and there wasn't an empty seat in sight!

    For those who haven't read up on Obamacare, the law mandates each state set up an Exchange by October 1st, 2013. Our exchange, Covered California, will operate as a website beginning October 31st, 2013. By then Californians will seek health insurance online, comparing plans represented as easy to understand levels of quality and cost: platinum, gold, silver, and bronze, and Obamacare will be on course for 2014, when most of its regulations fully kick in.

    Earlier this year, hundreds of non-profit organizations across California completed lengthy applications to receive $30 million in federal grant money and assist in Covered California's success. These funds will primarily be used on marketing to uncover leads to enroll millions of Californians in affordable, quality healthcare offered by Covered California starting October 1st, 2013. The announcement awarding approved organizations to receive the grant was today. Until it was delayed. When asked by phone, Covered California responded, "We just received too many applications and it's gonna take longer." And the new announcement date? "Sometime mid-May".

    By avoiding bureaucratic details that would bore any Friday newsreader into a nap lasting into the weekend, I can assure you the delay on deciding a model healthcare plan contract won't upset too many. The decision will be announced mid-May.

     Until next time, when we share our experience at Covered California's first town hall meeting! Have a great weekend! To insure yourself before a great weekend click below for a free quote!