What is Covered California?
Created by Obamacare, Covered California is your doorway to affordable, quality, healthcare coverage. It’s a State run insurance marketplace where Californians can go to qualify for Federal tax credits to pay for medical insurance premiums and out of pocket expenses. Regardless of your income level and family size there are affordable insurance options for YOU. That same health insurance plan that you want through the private market will be offered through Covered California. The difference is you may qualify for premium assistance or even Medical through Covered California. We at Candelario Insurance Advisors are Certified Covered California Agents and can help you determine the amount of premium assistance you may be entitled to receive.
The Covered California Marketplace:
Depending on your income and family size you may qualify for financial assistance to help pay premiums and other out-of-pocket expenses. Even if you don’t qualify there’s a range of affordable, quality, private health insurance plan options for you. Let us help you discover them. We’ll make sure you’re taking advantage of all the assistance available to you today.
Health Care reform laws require most of us to have health insurance or pay a penalty of up to 2.5% of household income when we file our taxes. Your tax penalty, or “shared responsibility fee”, for not having insurance is paid on your federal income taxes at the end of the year. Once you enroll in a health insurance plan you don’t have to worry about a penalty. Let us help you comply with the law and avoid costly fines and penalties. Call us today to review your options.
Premium Assistance and Cost-Sharing Subsidies:
Many of us want to know if we’re eligible for financial assistance, and if so, how much. You could be eligible for Medi-Cal, premium assistance, and cost-sharing subsidies. If you’re not eligible for Medi-Cal, but are eligible to purchase insurance through Covered California, you may qualify for federal premium assistance and financial help with out-of-pocket costs like: medications, routine tests, and copays. The amount of assistance for which you’re eligible depends on the age, income level, and family size. Call us now to find out whether you qualify for assistance or free coverage.
Quality, Affordable Healthcare:
Quality, affordable healthcare is at your fingertips – healthcare coverage that cannot be denied or cancelled due to pre-existing conditions or illness. Fortunately, under Covered California, all plans are required to cover essential health benefits like: doctor visits, hospital stays, maternity care, emergency care, mental health, infants, children, and prescription drugs. Additionally, they cover preventative care services like: mammograms and colonoscopies, all at no cost to you. Yes, that’s right! All plans sold in the Covered California marketplace, as well as those sold outside it, are required to include these benefits. Check “find quality, affordable healthcare” off your to- do list today!
More than 1.3 million Californians chose health insurance through Covered California during its historic first open-enrollment period, for coverage in 2014. Millions of others learned that they qualified for free or low-cost health coverage through Medi-Cal.
Open enrollment for 2015 health insurance plans through Covered California begins Nov. 15, 2014, and ends Feb. 15, 2015. Covered California also offers a special-enrollment option for those who experience a life-changing event (such as getting married, having a child or moving) and need to enroll outside of open enrollment. Medi-Cal enrollment for those with qualifying incomes is available year-round.
Call us now for some peace of mind!