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Showing posts from September, 2018

California's Last Short-Term Health Plan Now Closed

Effective September 1, 2018, the only remaining short-term health insurance plan in California has been pulled from the market.

IHC removed their offering in late August.  This is most likely in response to the imminent signing of CA SB 910 into law this month.  SB 910 would make the sale or renewal of any short-term limited duration (STLD) health insurance illegal in California.  

As of this writing, IHC will continue to offer a Fixed Benefit Health Plan in California.

The fixed benefit plan is available year-round and can start as soon as the day after application submission.  Unlike the short-term plan, the fixed benefit plan is not limited in duration.

For more information on Fixed Benefit Health Insurance, click here


Dave
www.davefluker.com




California vs TrumpCare

Changes being made by the Trump Administration with regard to the ACA (ObamaCare) are not going over well in California.  

To date, the administration has extended short-term health insurance to 12 months, eliminated the tax penalty for not having compliant health insurance, allowed for the creation of AHPs (Association Health Plans) and floated the idea of decreasing the MLR (Medical Loss Ratio) from 80%.

California is insistent that the ACA and Covered CA will be the marketplace.

There are currently several bills on the Governor's desk awaiting signature to thwart the changes made by the Trump Administration.


Senate Bill 910
Would prohibit insurers from selling, renewing or offering short-term health plans in California.

Senate Bill 1108
Would allow California to seek waivers from the federal government to increase enrollment in Medi-Cal, the low-income health care program. It would also ban the state from requiring anyone on Medi-Cal to work in order to receive benefits. Kentucky …