Covered California has partnered with the Franchise Tax Board to produce a 2020 Individual Mandate Penalty Fact Sheet that includes how to calculate a potential penalty.

Kevin Knauss: Health, History, Travel, Insurance
My name is James Lansing. I am 56 years of age. I know l am going to die, and make this statement under the impending crisis of the immediate presence of my demise. I do not know the man who shot me. I may have seen him, but if I did, I do not know it. I had no difficulty with him. I was out in the back yard of my hotel helping fix up a car load of coal about 4 p. m. I saw a man running down the alley and heard people halloo after him.
I share Covered California’s concern that health care sharing ministry programs are a mine field waiting for someone running from ridiculously high health insurance premiums to step on and have the bomb explode. However, I disagree with Covered California’s proposed use of certified agents to be their foil to limit the enrollment in these products. Agents are not the jailers charged with keeping the citizens within the health insurance pool.
California’s individual mandate penalty will require residents to prove they either had minimum essential coverage during the year, have a valid exemption, or pay a penalty. The penalty will be the greater of $695 per adult ($347 per child) OR 2.5% of the household income. The verification of creditable minimum essential coverage and/or the ultimate penalty will be reconciled when residents file their state income tax returns with the Franchise Tax Board.
Will I be able to keep my current health plan? If you have a health plan bought directly from a health insurance company – also known as off-exchange – you might be able to enroll in the same plan. Not all health plans offered direct to consumers off-exchange are available through Covered California. For example, if you have a Kaiser Silver HDHP HSA compatible plan, it is not offered through Covered California. You would need to select one of the plans Covered California offers in order to get the subsidy.
Sutter Health Plus has added a schedule of estimated costs for many routine health care services similar to the Kaiser Permanente fee schedule. They have also released their individual and family health plans that are available in parts of the Bay Area and Sacramento region. For individuals and families with High Deductible Health Plans, it […]
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