On August 23rd the California Health Benefit Exchange received it's third installment of federal funds to the amount of $196 million for a total of $236 million. The money is to be used to set up the information system of the Exchange. In other words, the federal government has already spent $236 million dollars just in California to set up the computer software to run the exchange here in California alone.
On August 24th the exchange failed to reach a decision on the choices small business and their employees would have if using the exchange. It has been deferred to a later meeting.
For more information on individual insurance plans as they are right now, please check out our website at www.ansainsuranceservices.com or call us at (714)680-5900.
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