SACRAMENTO, Calif. – California on Monday re-opened enrollment for its state health insurance exchange, hoping more people will buy coverage now that the federal government is offering new assistance that could lower monthly premiums by $1,000 or more in some cases.
Normally, people can only buy health insurance through the state exchange — known as Covered California — once per year during an open enrollment period.
But last month, President Joe Biden signed a $1.9 trillion coronavirus relief package. About $3 billion of that money is coming to California in the form of new subsidies to help some people pay their monthly health insurance premiums.