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The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped ...
With lawmakers under intense pressure from business groups and the insurance industry, Kalra realized his single-payer healthcare bill would not pass and decided not to bring it up to a vote ...
The nonpartisan Legislative Analyst’s Office estimates in a new report that salaries and benefits for California’s roughly 250,000 state employees cost the state roughly $40 billion a year.
The U.S. Department of Health and Human Services (HHS) and Internal Revenue Service (IRS) on May 23, 2012, issued joint final rules regarding implementation of the new state-based health insurance exchanges to cover how the exchanges will determine eligibility for uninsured individuals and employees of small businesses seeking to buy insurance ...
Effective by January 1, 2014, the Patient Protection and Affordable Care Act will impose a $2000 per employee tax penalty on employers with over 50 employees who do not offer health insurance to their full-time workers. (In 2008, over 95% of employers with at least 50 employees offered health insurance.
California was the first state in the U.S. to set up a health insurance marketplace. [ 1 ] [ 2 ] The California Health Benefit Exchange was created in September 2010 when then-Governor Arnold Schwarzenegger signed Assembly Bill 1602, (the "California Patient Protection and Affordable Care Act"), [ 3 ] by Assembly Speaker John Perez, and Senate ...
In 2023, Farmers announced a moratorium on new policies in the Sunshine State, the 15th insurer to do so over an 18-month period, and State Farm, California’s biggest homeowners insurer, did the ...
The State Employees' Health Insurance Trust Fund had a balance of $652.7 million for fiscal 2024-25, but the report from the nonprofit group Florida Taxwatch found that the program could face a $1 ...