In the next few months you will begin to hear about Covered California. This is the name of the California health “Exchange” that has been set up under the mandated health care reform legislation.
The Covered California “Exchange” will be spending an allotted 80 million on advertising to get the word out.
Some of you have already asked me what you need to do and how the new law will affect you and your family. Here is my advice for the time being:
It will only make sense for you to move to a plan in the Exchange if you are eligible for a subsidy. This premium assistance offered by the state is only for those who fall under 400% of the Federal Poverty Level. If you are currently covered under an individual or group health plan now, my advice is to stay right where you are. If you would like to obtain additional information about your personal choices, or you don’t currently have health coverage, please call me before you do anything. I will advise you on the best plan of action for you and your loved ones.
Thank you all for your valued business.
Bill