Question: I currently purchase my own plus spouse individual health insurance (both retired less than 65). Premiums are terribly high. Will we be eligible to purchase individual insurance from the Health Care exchange plans through Covered California?
Answer: Yes, of course you can. I don’t know why you would think not. Unless there is another question implied. Will you be eligible for premium assistance? Some younger retirees with substantial assets will qualify for premium assistance based on their taxable income alone. Assets are not considered. If you do not qualify for premium assistance, your premiums will be at least as high as they are now but the coverage will be somewhat better.