California’s Health Coverage Gains Will Erode Without New Action By the State
* * *
- UCLA-UC Berkeley report finds up to 4.4 million Californians could be uninsured in 2023 because of changes in federal law
A new study by
The report uses the California Simulation of Insurance Markets model, which was developed by the
The authors suggest policies that could help
* Expand Medi-Cal to all low-income residents regardless of their immigration status;
* Provide state subsidies to individual market premiums and out-of-pocket costs more affordable;
* Implement a state individual mandate; and
* Continue to support and strengthen outreach and enrollment efforts.
"Federal decisions threaten to reverse health coverage gains around the country," said
Thanks to
The report projects that without
"Unless the state takes action, we could see 500,000 to 800,000 more Californians become uninsured as a result of the individual mandate penalty going away," said
The report forecasts that the most substantial enrollment changes will occur in the individual market. It also details which populations are projected to remain uninsured -- such as undocumented Californians -- and which will struggle to afford insurance.


Advisor News
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
More Advisor NewsAnnuity News
- Canvas steps into the direct-to-consumer market that has yet to take off
- The next growth phase in life/annuities depends on modernization
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
More Annuity NewsHealth/Employee Benefits News
- Iowa health insurers propose premium increases for ACA customers
- Atrium pushes back after State Health Plan leaves healthcare network out of Tier 1
- BUILDING A COMPETITIVE BENEFITS PACKAGE IN 7 EASY WAYS
- People with this Medicare plan could soon go out-of-network at UHealth hospitals
- Findings from Yonsei University Advance Knowledge in Demography (Different Understandings of Scientific Research in the Use of De-identified Personal Sensitive Data: South Korea, in Comparative Perspectives): Science – Demography
More Health/Employee Benefits NewsLife Insurance News
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
- Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
- Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
- Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
More Life Insurance News