Thanks to President Obama, hope and change have arrived. In January 2014, many Californians will be able to take advantage of the people who pay taxes and enroll in the California Insurance exchange to obtain health insurance. Kaiser, Blue Cross and Blue Shield will be among the insurers to select from. It is good news for some.
For example, there will be Medi-Cal, which is free for those who qualify, including people with disabilities and those with incomes of less than $15,000 for a single individual and $31,180 for a family of four.
Another example: A family of four with household income of $50,000 can get a Kaiser plan for $633 per month with the taxpayers paying all but $294 per month.
If you make over $90,000 per household, you are on your own financially, but can enroll.
As a result of these great benefits, there are many employers who have fewer than 50 employees who will soon cancel their employer-based benefits so employees can take advantage of the taxpayers’ money (that is) available. These employers face no penalties for doing so.