Art Young Insurance Agency

"Covered California announced today that the average rate change for the 2021 individual market will be 0.6 percent. This marks a record-low for the second consecutive year and follows California’s efforts to build on, and go beyond, the Affordable Care Act! The rate change was driven lower by California’s affordability initiatives, the state subsidy program and state individual mandate penalty, which were designed to improve affordability and encourage enrollment. All 11 of ...Covered California’s health plans will be returning for 2021, and two plans will be expanding their coverage areas. As a result, 88 percent of Californians will be able to choose from three carriers or more and 99.8 percent of consumers will have two or more choices." For more information, visit CoveredCA.com

If you're uninsured, you're now eligible to enroll in health care coverage through Covered California through 8/31! Contact us today at (650) 838-1080 if you have questions or need help enrolling. https://buff.ly/316yYfS

Covered California for Small Business knows that people have a LOT of questions about their insurance right now - especially about COBRAs and what happens to health insurance if an employee is terminated. For a wealth of information, including latest news, visit their website: https://buff.ly/2XbXUS9

Medicare is running out of money. This doesn't seem to be getting much news coverage, but it's important! "With record numbers of Americans out of work, fewer payroll taxes are rolling in to fund Medicare spending, the numbers of beneficiaries are rising, and Congress dipped into Medicare’s reserves to help fund the COVID-19 relief efforts this spring."

"Projections show that 3.3 million of those people will regain employer-sponsored insurance by being added to a family member's policy, 2.8 million people will enroll in Medicaid, and 600,000 people will enroll in the individual market, mainly via the Affordable Care Act's marketplace. Still, 3.5 million people will become uninsured." https://www.healthcarefinancenews.com//10-million-american