LOS ANGELES (AP) — California formally launched its insurance exchange for small businesses Monday as questions loom about potentially higher rates and just days after the federal government said it was shelving its version of the online portal for a year.

The nation's most populous state runs its own insurance marketplace, Covered California, and officials have been quick to distinguish it from the troubled federal system that serves 36 other states.

Last week, the Obama administration said it would put off until next November its online small-business site while it concentrates on repairs to the HealthCare.gov website for individuals.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Core and Group Health
Broker Regulation
Enrollment