With a key deadline coming up on Dec. 31, Covered California announced that 161,670 people have signed up for 2024 coverage as of Dec. 23 during this open enrollment.
That marks an 18% increase over the same period last year and the highest during this same period in four years.
Another 1,571,559 Californians have renewed their coverage so far.
Covered California is urging consumers to sign up now so they can have their health care coverage begin on Jan. 1. Open enrollment will end on Jan. 31.
Covered California is offering a new program intended to reduce the cost of accessing healthcare by lowering out-of-pocket costs when they seek medical care, including eliminating deductibles in all three Silver cost-sharing reduction plans. The new cost-sharing reduction program for out-of-pocket costs will be available to Californians with incomes up to 250% of the federal poverty level, or $33,975 for single enrollees and $69,375 for families of four.
Nearly 90% of Covered California’s over 1.6 million enrollees receive financial help; two-thirds are eligible for health insurance for $10 or less per month.
Covered California is the state’s health insurance marketplace, and is an independent part of the state government. It is overseen by a five-member board appointed by the governor and the Legislature.
Topics California
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