‘Legislative Analysis’ Archives
California Has 10th Highest Rate of Uninsured Individuals
California has the largest number of residents without health insurance in the U.S. and the 10th highest rate of uninsured individuals. However, officials expect the population of uninsured residents to shrink by at least 50% when the state health insurance exchange and Medi-Cal expansion are implemented under the Affordable Care Act. The Census [...]
The Mistake California Makes on Pension Reform
California is confronting a huge retirement problem: Americans haven’t saved enough and remain uncertain about how to invest their savings. The state is considering a plan to automatically enrolled workers a program where 3% of their savings will go toward an account with a guaranteed 3% return. The purpose of this program seems to be giving [...]
Doctors Quitting Medicare: Is Obamacare Really To Blame?
Despite dire predictions, the number of physicians who agreed to accept Medicare patients continues to grow year-over-year. Yes, the number of doctors saying no to Medicare has proportionately risen quite a bit – from 3,700 doctors in 2009 to 9,539 in 2012. (And in some cases, Obamacare has been a convenient scapegoat). But, the number of [...]
Health Insurance Premiums Expected to Rise Dramatically Under Obamacare
According to a recent study from the House Energy and Commerce Committee health insurance premiums will rise, on average, by 100 percent—and some could increase by much more. For example, the average yearly cost for a new customer in the individual market will grow from $1,896 to $3,708—a $1,812 cost increase, the report states. Devon [...]
BART Strike Will Be About Health Care Costs
Many California commuters were inconvenienced earlier this summer when Bay Area Rapid Transit services were forcibly suspended for four and a half days at the hands of a union-led strike. This weekend, the Amalgamated Transit Union threatened to resurrect that strike if BART management officials refuse to adequately concede on hot-button issues, [...]
Auditor Assesses Covered California Health Exchange
The State Auditor has produced a report assessing how the state is faring with Covered California, its insurance exchange mandated under the federal health-care overhaul. California committed to building the exchange early, unlike Republican-controlled holdout states. It also had the largest uninsured population of any state as of 2011, so [...]
Insurer Sued by California Comptroller
A Chicago-based insurer has become the second sued by California’s comptroller for refusing to comply with requests for data needed to determine whether the insurance companies' subsidiaries are complying with California’s unclaimed property laws.California State Controller John Chiang filed the complaint against the Kemper Corporation, [...]
Acupuncture Fallout From Obama Health Care Delay
The impact on acupuncture health insurance benefits by the Obama administration’s decision to partially delay enforcement of the Affordable Care Act has limited fallout. President ObamaSeveral factors play into tempering the effects of this move. The delay only applies to companies with more than 50 full-time employees. Approximately 94% of [...]
Financial Advisers to Benefit from Same-Sex Marriage
Financial advisers say LGBT couples have to take a second look at their financial planning following the Supreme Court's decision to extend federal recognition of same-sex marriages in states that recognize them. That translates into a lot of work for the professionals helping LGBT clients with their finances, with some prioritizing what must be [...]
Will ObamaCare Kill CA Health Insurance?
Will relatively young and healthy people purchase health insurance from the ObamaCare exchanges? After the release of insurance premiums by California's ObamaCare-mandated health insurance exchange—"Covered California"—the participation of the Golden State's youth is the topic of serious debate. David Hogberg at the National Policy Analysis [...]
