Question: Can high income earner buy california health benefit exchange?
Answer: Yes. You can buy your health insurance plan through Covered California even if you do not qualify for subsidized premiums due to your higher income. (Of those Californians currently insured by individual health insurance plans, almost 50% or about half a million individuals will not qualify for subsidies.) The exchange hopes to sign you up and offers a compelling reason to do so: a marketplace to compare plans from all the participating insurance companies on an apples to apples basis. On the other hand, your current carrier will make it incredibly easy to essentially roll-over your current coverage into an exchange-approved plan. So if you are like many people who don’t particularly want to spend any time at all shopping for health insurance, your current health plan issuer will offer the path of least resistance.