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California health exchange rolls out coverage options

About 2.6 million expected to qualify for federal subsidies to make insurance affordable

(Sacramento Bee) Millions of uninsured Californians will soon be required to buy health insurance or face a penalty, and Wednesday morning they got a glimpse of what to expect.

Covered California, the organization responsible for implementing the federal health insurance overhaul, released a blueprint for what types of coverage will be available on the state’s insurance marketplace. The Affordable Care Act requires state exchanges to be up and running by 2014.

Peter Lee, executive director of Covered California, said the exchange will add some much-needed standards and transparency to California’s health insurance market.

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