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The board based the target on the average annual change in median household income in California between 2002 and 2022, which was 3%. ... reign in outrageous heath care costs and make health care ...
There was an 18% jump in enrollment of Californians who hadn’t gotten their health insurance through the state-based marketplace last year, which Covered California officials say was the biggest ...
Covered California is the health insurance marketplace in the U.S. state of California established under the federal Patient Protection and Affordable Care Act (ACA). The exchange enables eligible individuals and small businesses to purchase private health insurance coverage at federally subsidized rates.
The rate of increase in both health insurance premiums and out-of-pocket costs have declined in the employer-based market. For example, premiums increased at an annual rate of 5.6% from 2000-2010, but 3.1% from 2010-2016.
A 2017 study found that the ACA reduced socioeconomic disparities in health care access. [206] The Affordable Care Act reduced the percent of Americans between 18 and 64 who were uninsured from 22.3 percent in 2010 to 12.4 percent in 2016. About 21 million more people have coverage ten years after the enactment of the ACA.
It's an effort that will eventually cost the state about $3.1 billion per year and inches California closer to Democrats’ goal of providing universal health care to its roughly 39 million residents.
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