California is making a huge bet on Obamacare this year. They are expanding health insurance subsidies to help the middle class as well as those with the lowest income. This is a major test to see how these expansions will affect the healthcare system in our state.
California, not the Federal Government, is implementing this new mandate.
It is important for everyone to understand the new California mandate. You may be familiar with this mandate because it was originally built into the ACA when it initially passed. However, our current administration removed the mandate because it was so disliked.
Making health insurance mandatory encourages more healthy people to sign up. Healthy people are less expensive, meaning it would lead to cheaper premiums across the board. Those who do not sign up pay a fine also contributing to decreasing premiums.
Expect to be paying for health insurance in 2020 or pay a fine. Those who do not have coverage in 2019 will not be fined this year.
Keaton Marks is the owner and CEO at HealthyMarks including the medicare team. Keaton was born and raised in Encinitas. He often rode his bike through town and to the local beaches like Moonlight. Keaton knows it is important to have a local resource, someone who understands the area, the hospitals and networks of doctors. Keaton is proud to be a local Medicare broker who is able to assist the people in his town when selecting medicare plans.
Keaton believes one thing above all else: “Medicare is confusing… but it doesn’t have to be! That is where HealthyMarks Medicare comes in” Please contact me with any questions.