How does the Individual Health Insurance Market will look like in Santa Monica in 2014?

With all the media one wonders how the Individual Health Insurance Market look like in Santa Monica in 2014. Starting in 2014, the health insurance market in Santa Monica and the rest of California should be simpler and more affordable for Individuals and Families to...

Blue Shield and Aetna refuse to lower rate increase – is this a result of Obamacare?

Despite objections from the California Insurance Department, health insurance carrier  Blue Shield of California and Aetna Inc. are proceeding with double-digit rate increases that state officials said were unreasonable.  The rising cost of hospital and physician...

Good news for affordable health insurance in Santa Monica, Anthem reduces rate

Good news Anthemjust informed that they are going ahead with the rate reduction for their policy holders, maybe, affordable health insurance in Santa Monica is still possible. After a steep premium increase for Individual health insurance policy holder of approx. 18 %...

Sequestration Order will have an influence on Medicare in Santa Monica and the rest of the country

Today if Congress does not act President Obama will have to issue at midnight a sequestration order specifying a 85 billion spending cut, not only will defense spending be cut but also a 2 % reduction in Medicare reimbursement rates is planned. The Medicare...

Anthem rate increase revised by act of insurance commissioner – there is hope for affordable health insurance in Santa Monica and the rest of California

Anthem will reduce their most recent health insurance premium increase due to active negotiations with the insurance commissioner- there is still hope for affordable health insurance in Santa Monica and the rest of California. Many of you may have seen news coverage...

California will receive $ 674 Million Federal Grant for the implementation of the health insurance exchange

Preparation  in California for the health insurance exchange for 2014 are in full swing. Earlier this month the federal government approved the the blueprint for the health insurance exchange in  California and now with granting $ 674 Million of Federal Grant for...

What will be the penalty for not having health insurance in 2014 in Santa Monica and the rest of California ?

Starting in 2014 there will be a penalty for not having health insurance in Santa Monica , California and the rest of the USA. The penalty for 2014  will be with $ 95 annual per person low. But the penalty will increase in 2015 to $ 325 and in 2016 to $ 695 and will...

What will the health insurance exchange in Santa Monica and the rest of California look like ?

What will the health insurance exchange in  Santa Monica and the rest of California look like? The principle is based on a Tier program of insurance plans. There will be four tiers of insurance: Platinum, Gold, Silver,  and Bronze Plans. Insurers who offer the...