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California will additionally become the first state to give medical insurance premium aid to middle-income specific Covered The golden state enrollees who have home revenues between % of the Federal Poverty Level (FPL). This is in addition to the aid the federal government gives to taxpayers who have household earnings in between 138% -400% of the FPL, for those who also have individual insurance coverage on the Covered California exchange. The golden state is executing its new state specific required in 2020. It requires all The golden state homeowners to preserve Minimum Necessary Protection (MEC)-- clinical medical insurance coverage-- on their own as well as their dependents beginning January 1, 2020. Californians who do not preserve this protection, or otherwise meet exception needs, will certainly be subject to a tax obligation fine that somewhat resembles the previous fine at the government degree.
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