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California Offers Health Insurance for $10 a Month
Carrier Updates
Thursday, March 28 2024
(By Anna Ibarra) - Californians without health insurance are again facing tax penalties this year, and some may pay more in fines than they’d spend buying coverage, state officials say.
That’s because some of them may qualify for heavily subsidized insurance and not know it. California’s insurance marketplace, Covered California, offers health insurance for as little as $10 a month, with rates depending on household income and size, as well as location and age.
“There are alot of people who are paying more for the penalty by a large margin, in some cases, than they would pay to have the peace of mind of coverage. We should all take that to heart as a call to action because that should not be happening,” said Jessica Altman, executive director of Covered California, the state’s insurance marketplace, during her board’s February meeting.
To Read More, Click Here
That’s because some of them may qualify for heavily subsidized insurance and not know it. California’s insurance marketplace, Covered California, offers health insurance for as little as $10 a month, with rates depending on household income and size, as well as location and age.
“There are alot of people who are paying more for the penalty by a large margin, in some cases, than they would pay to have the peace of mind of coverage. We should all take that to heart as a call to action because that should not be happening,” said Jessica Altman, executive director of Covered California, the state’s insurance marketplace, during her board’s February meeting.
To Read More, Click Here