California’s work to create a more affordable and fair health care system is threatened by legislation in Sacramento that would create a Basic Health Plan. This plan poses a grave threat to the California Health Benefit Exchange, which is the linchpin of federal health care reform.
When launched in 2014, the exchange will provide a new competitive marketplace for as many as 2 million consumers and business owners. Californians with incomes up to four times the federal poverty level — more than $90,000 for a family of four — will receive subsidies to purchase insurance. Continue reading