RINF – by Archie Stone and Toby Reese
Nearly one million Californians have received cancellation letters informing them that their health insurance will end effective December 31, 2013. As a result of the Affordable Care Act (ACA), certain “essential benefits” must now be a part of every insurance plan.
Those currently on plans not meeting the new requirements will be cut off and, if ineligible for Medi-Cal, the California Medicaid program, will be forced to purchase a new plan on the Covered California exchange or through another plan that meets the regulations of what is commonly known as Obamacare. If not signed up for qualified insurance by March 31, 2014, individuals and families will be forced to pay a penalty at the time of their tax filing. Continue reading “Obamacare: Nearly a million Californians receive cancellation letters”

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