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Kevin Knauss: Health, History, Travel, Insurance

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Is Covered California A Government Success Story?

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I’ve been following the California Health Benefits Exchange and Covered California since their inception. They really have delivered on their mission to administer the Affordable Care Act subsidies to consumers. They have not become a black hole of taxpayer money to fix rotten and decaying computer systems. They have not become a cesspool of nepotism and cronyism that has characterized some California agencies. They have not become famous for indiscreet and corrupt employee expenses for parties and trips to Hawaii.

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Fundamentals of the ACA Health Insurance Subsidy

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In this example, the annual amount of the SLCSP is $15,000. The consumer fair share dollar amount of $8,500 is subtracted from the $15,000 to yield a Premium Tax Credit amount of $6,500. The difference of $6,500 is divided by 12 to get a monthly Advance Premium Tax Credit subsidy of $541.67 per month.

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Covered California Rate Change Announcements are Meaningless

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The ceremonial announcement of health insurance rate changes, usually a modest increase, is meant for the consumption of politicians, elected officials, regulators, special interest groups, and the media. You know, all those people who have group health insurance and are not subject to the vagaries of the ACA subsidy calculation. The reality of what most consumers pay for their health insurance through Covered California is far more complicated than a celebratory press briefing announcing a 1.8 weighted average percent increase.

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The Negro Bar Water Canal Mining Dispute of 1851

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About one week after this while I was at work on Tennessee Bar, I saw deft with another man going to that part of the race which is made of lumber and is called the “Break”. He said he was going to cut it down. I followed him, he cut it down and let the water in the river. The direct consequence of which was that water overflowed what is called the Middle Bar of the Virginia Co. on which was located plaintiff’s claim. This was about three weeks ago.

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Dignity Health Excommunicates Anthem Blue Cross

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The calendar of events on the Keep Dignity Health website states that by October 17, 2021, all Dignity providers and hospitals will be out-of-network with Anthem Blue Cross. The contract termination would include Medicare Advantage plans and other HMO groups. The complete termination with Blue Cross assumes that there will be no resolution to the contract dispute. Dignity Hospitals will still be in-network for life-threatening emergency care.

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Unemployment + Covered California = Big Subsidy

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The unemployment subsidy benefit further increased the subsidy. Because everyone was now eligible for the Enhanced Silver 94 plan, we switched this member from the Gold to the Silver plan. The new subsidy of $1,016.53 dropped the health plan rate to $1 per month. The better member cost-sharing for copayments and coinsurance will save the family even more money.

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Why can’t I buy health insurance when I need it?

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Adverse selection is wanting to enroll in health insurance under adverse conditions. The health plans, and society in general, wants everyone in the insurance pool from the beginning. When people climb out of the pool – drop coverage after getting treatment – the big health care bills must be covered by the remaining people in the pool. That raises the rates for everyone in the pool, and that’s not fair.

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Natural Bridges Tunnels and Tubing

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From the main exit, where the main trail ends, I walked the short distance to the entrance or opening where Coyote Creek enters. The entrance is more spectacular than the exit. The exit opening is around eight feet in height. The entrance is at least 30 feet and the interior soars even higher. It is this section that most resembles a gothic cathedral. At the entrance, there are several large bedrock mortars, six inches in width and depth that indicate Native Americans were present long before the Europeans arrived.

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Covered California Unemployment Subsidy Boost

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Covered California will begin processing the extra subsidy increase for applications that indicate unemployment benefits on June 21, 2021. The unemployment insurance benefit could have been for just one week in January. The household income will be taken down to 138.1 percent of the federal poverty level, regardless of the income estimated by the consumer. The 138.1 percent income level will prevent adults from being automatically determined eligible for Medi-Cal. The new subsidy will be based on the lower income and applied to the health insurance premium.

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Is Covered California Killing Small Group Plans?

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Based on the real-world comparisons I’ve done for individuals and families in small group plans, most would benefit from enrolling in Covered California. Anecdotally, I’ve talked to several employers who either have or are considering terminating their group coverage.

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