Covered California draws more insurers after state moves to bolster Obamacare [Los Angeles Times (CA)]
Anthem, Inc. (ANTM)
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Source: Los Angeles Times
Felicia Morrison is eager to find a health plan for next year that costs less than the one she has and covers more of the medical services she needs for her chronic autoimmune disease. Morrison, a solo lawyer in Stockton, Calif., buys coverage for herself and her twin sons through Covered California, the state’s Affordable Care Act, or Obamacare, insurance marketplace. Morrison, 57, gets a federal subsidy to help pay for her coverage and she said her monthly premium of $167 is manageable. But she spends thousands of dollars a year on deductibles, copayments and care not covered by her plan. “I would just like to have health insurance for a change that feels like it’s worth it and covers your costs,” she said. Her chances are looking up after lawmakers in Sacramento acted to enhance Covered California for 2020: They added state-funded tax credits to the federal ones that help people pay for coverage. And they reinstated a requirement for residents to have coverage or pay a penalty — an
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