Covered California
Covered California
Covered California (pronounced: /ˈkʌvərd ˌkælɪˈfɔrnjə/) 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.
Etymology
The term "Covered California" is derived from the concept of Californians being 'covered' by health insurance. The name was chosen to reflect the purpose of the organization, which is to ensure that all Californians have access to affordable health insurance.
History
Covered California was established in 2010 following the passage of the ACA, also known as Obamacare. It is administered by an independent agency of the government of California.
Services
Covered California provides a marketplace where individuals, families, and small businesses can compare and buy health insurance plans. It offers a range of plans from different insurance companies, and the cost of these plans is subsidized for eligible individuals and families.
Related Terms
- Health Insurance
- Patient Protection and Affordable Care Act
- Obamacare
- Health Insurance Marketplace
- Subsidy
External links
- Medical encyclopedia article on Covered California
- Wikipedia's article - Covered California
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