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California PACEs Action

California could insure many more people — but it will come at a price [CenterforHealthJournalism.org]

 

State lawmakers are expected to receive a first look Feb, 1 at the costs tied to an ambitious plan to provide health insurance for more California residents.    

The report represents California’s response to the Trump administration’s retreat on the Affordable Care Act, analyzing how to provide more generous consumer subsidies to pay for costly health insurance, subsidies for insurance companies and a state penalty on residents who fail to maintain health coverage.

The report, authored by a group of health policy experts — including economists Wesley Yin and Nicholas Tilipman and staff from Covered California, the state’s health insurance marketplace  — is one of the more detailed looks at options to shore up the state’s insurance marketplace in the face of challenges from the federal government.

Consumer advocates have warned for months that lawmakers need to act.

To read more of this article by Michael Finch and Samantha Caiola, go to: https://www.centerforhealthjou...e-it-will-come-price

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