News Headlines Article

California health exchange includes 13 insurers
Market Watch

Policyholders will pay anywhere from nothing to $687 a month in insurance premiums under California’s health exchange, a program that will involve the participation of 13 carriers who will compete to offer coverage for the nation’s most populous state.

The first to unveil its proposal for complying with President Obama’s health-care law, the exchange known as Covered California rolled out its proposal to cover as many as 5.3 million of the state’s residents, with half of those eligible for subsidies.