The federal government has awarded California $674 million to develop an online health insurance marketplace as part of the Affordable Care Act.
The two-year grant for the exchange known as Covered California is less than the $706 million requested. But Executive Director Peter Lee says he believes the grant will give the state all the resources it needs.
In less than one year, the federal health care law will take effect. When that happens, an estimated 1.4 million low-income, uninsured adults in California will become eligible for Medicaid. That’s a huge number of people who will suddenly be eligible for health benefits and better access to health care.
