Steve Goldsberry said he knows what California’s decision not to allow canceled health insurance policies to be extended will cost him.
“Six grand a year,” said the Simi Valley general contractor who believes he may end up paying $500 more a month because his current policy doesn’t meet the Affordable Care Act’s standards. “I had insurance that was adequate. I got to choose. Now I no longer have a choice.”
A board governing the Covered California health insurance exchange decided Thursday to keep its requirement that insurers cancel individual and family policies by Dec. 31 if they don’t meet coverage standards under President Barack Obama’s reform program. A week earlier, the president asked states and insurers nationwide to extend the canceled policies a year, giving people struggling with the federal government’s faulty website a reprieve.
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