Many Californians have realized that when they report a change to their Covered California accounts during the year they are hit with higher health insurance premiums. This occurs when the change reported is after a consumer’s birthday. Any change within the Covered California CalHEERS online enrollment program automatically triggers the application for health insurance to be resubmitted for an eligibility determination. The new eligibility is calculated as of the individual’s age at the time of the reported change.
How health insurance companies and health plans determine premium rate increases is a little bit of a mystery. Covered California didn’t add to the consumer’s understanding of this process when they released their 2015 health insurance booklet. The plan rates booklet is mostly marketing material and fails to provide specific rates by region, carrier, and […]
The Covered California Milliman study suggests that there might be as much as a 15% difference from the statewide average health insurance rate depending on a person’s location.
While there is no doubt that healthcare costs are escalating, there may be other reasons beyond pure inflation that is driving Anthem and other carriers to seek rate increases.
Overall, the ad “thanking” Dan Lungren for fighting against new taxes on Medicare is extremely deceiving. H.R. 2190 proposes no new taxes.