California's health-care exchange: Proof ObamaCare works?

The Golden State's premiums are surprisingly low. But don't expect other states to follow suit.

Covered California
(Image credit: Facebook.com/CoveredCalifornia)

The Affordable Care Act, better known as ObamaCare, has one major goal: Increasing access to affordable health care. And one of the prime mechanisms to accomplish that goal is a series of state health-care exchanges, where people without employer-provided insurance will be able to buy coverage from competing insurers.

Now, America is getting an important glimpse at that exchange system. Last week, California revealed the bids from the 13 insurance companies participating in its exchange, named Covered California.

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Keith Wagstaff is a staff writer at TheWeek.com covering politics and current events. He has previously written for such publications as TIME, Details, VICE, and the Village Voice.