California PCIP

California just got permission from the federal government to reduce the rates on the Pre-Existing Condition Insurance Plan California (PCIP California) by up to 24%. This program, which the federal government pays most of the cost for, was formed as part of the Affordable Care Act last year, and is intended to serve people that have been declined for regular health insurance because of medical conditions. This “hidden” plan provides a safety net insurance plan for the uninsured.