California’s healthcare exchange, Covered California, is creating a marketplace for millions of uninsured Californians to compare prices and buy health insurance policies this fall to take effect January 1, 2014.
Many of Covered Califonia’s clients are expected to be families of low and moderate incomes. Some will be eligible for tax payer subsidized policy(s), and others will have incomes low enough to qualify for
Medi-Cal.
Covered California will release a tentative list of health plans and rates for the program at the
May 23, 2013 board meeting.
On January 1, 2013, the federal estate exemption is scheduled to fall from $5,120,000 to $1,000,000 and the federal estate tax rate is scheduled to rise from 35% to 55%.
