Thursday, March 7, 2013

Exchange Official Says Thousands Might Leave Job-Based Health Plans

California Healthline
Peter Lee -- executive director of Covered California -- said that a few hundred thousand state residents might choose to forgo employer-sponsored health insurance to sign up for health plans offered through the state health insurance exchange, Capital Public Radio's "KXJZ News" reports. Background: The Affordable Care Act requires states to launch online insurance marketplaces by 2014. California's exchange -- named Covered California -- primarily will serve individuals and small businesses.