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CA AB2530
Bill
AI Summary
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Establishes a financial assistance program beginning July 1, 2023, for Californians who lose employer-provided health coverage due to a labor dispute (strike, lockout, or other labor dispute)
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Eligible individuals receive the same premium assistance and cost-sharing reductions as those with household incomes at 138.1% of the federal poverty level, with household income above this threshold disregarded for eligibility purposes
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Effective January 1, 2024, eligible individuals will have zero deductibles for covered benefits if the standard benefit design for the 138.1% income level has zero deductibles
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Strike benefits, lockout benefits, and unemployment compensation are excluded from income calculations for determining eligibility and subsidy amounts
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State subsidies provided under this program are excluded from gross income for California personal income tax purposes; program requires legislative appropriation for funding
Legislative Description
California Health Benefit Exchange: financial assistance.
Last Action
Chaptered by Secretary of State - Chapter 695, Statutes of 2022.
9/28/2022