SACRAMENTO, Calif., July 29 -- The California Attorney General issued the following press release:
OAKLAND - California Attorney General Rob Bonta today issued a consumer alert reminding Californians about sham health insurance plans offered by some health care sharing ministries (HCSMs). Historically, HCSMs were composed of members of a particular religious community who contributed money to share catastrophic or unexpected healthcare costs. Due to congressional Republicans' decision to allow the Affordable Care Act's (ACA) enhanced premium subsidies to expire on December 31, 2025, health insurance premiums have soared for many Americans, and millions have lost their coverage as a result. Some HCSMs may use this as an opportunity to misle...