Amid slower growth, California’s Obamacare exchange cuts proposed spending
Los Angeles Times / May 13, 2015
By Chad Terhune
After using most of $1 billion in federal start-up money, California’s Obamacare exchange is preparing to go on a diet. That financial reality is reflected in Covered California’s proposed budget as well as a reduced forecast calling for 2016 enrollment of fewer than 1.5 million people.