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It is projected that in fiscal year 2015, that Covered California will have a multimillion-dollar deficit. [24] The fiscal year 2015-2016 was the last year that Covered California used federal establishment funds. The government extended funding for that year and gave approximately $100 million.
More than 130,000 Sacramento-area residents could pay their health insurance costs with federal subsidies. Here’s how to determine your eligibility.
The California Medical Assistance Program (Medi-Cal or MediCal) is the California implementation of the federal Medicaid program serving low-income individuals, including families, seniors, persons with disabilities, children in foster care, pregnant women, and childless adults with incomes below 138% of federal poverty level.
2.6 million were in the "coverage gap" due to the 19 states that chose not to expand the Medicaid program under the ACA/Obamacare, meaning their income was above the Medicaid eligibility limit but below the threshold for subsidies on the ACA exchanges (~44% to 100% of the federal poverty level or FPL); 5.4 million were undocumented immigrants;
A new Biden administration rule will make more families eligible for subsidized health insurance through the Affordable Care Act. Covered California estimates that more than 600,000 Californians ...
A family health care plan must have a minimum annual deductible of $3,300 ($3,200 in 2024) and an annual out-of-pocket limit of at least $16,600 ($16,100 in 2024). In addition, you’ll also need ...
By law, all covered workers who attain age 62 in 2006 must be treated the same with respect to wage indexation so the 2004 figure for national average wage must be used for the entire 2006 year. Thus the age 61 and age 62 wages will get a bonus because they will not be indexed downward.
Here’s what you need to know as the deadline approaches.
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