"The most important aspect of these benefits is they are standardized and they are adjusted according to income to lower costs for those with lower incomes," said
"Covered California is leading the way for consumers to make apples-to-apples comparisons when choosing health coverage," said
Consumers have four levels of plans from which to choose – Bronze, Silver, Gold and Platinum. Households earning less than 250 percent of the federal poverty level can receive financial help if they enroll in a Silver plan; the less income they earn, the more financial assistance they can receive. For example, individuals earning between 150 to 250 percent of the federal poverty level can expect to pay
To be eligible for financial support, consumers must purchase plans from Covered California's marketplace. The
Examples of benefits, their costs, and typical premium costs are available on the newly launched Covered California website, www.CoveredCA.com. The website will deliver up-to-date information for consumers, and access to resources during the lead up to the open enrollment period this fall for coverage that starts
Critical next steps in the launch of Covered California include the selection of insurance carriers that will be allowed to participate in Covered California, and determination of the plan pricing.
About Covered California