California's 3 largest health insurers among few to show Obamacare profit in 2014
"Several factors helped California health plans outperform the nation, including strong early enrollment and a politically unpopular decision on policy cancellations.
Amid a national uproar, Covered California defied the Obama administration and required participating insurers to cancel existing individual policies at the end of 2013.
That move created a healthier, more diverse mix of old and new policyholders at the start of the exchange. About 35 other states allowed consumers to stay longer on health plans that didn't comply fully with the new law."
"Several factors helped California health plans outperform the nation, including strong early enrollment and a politically unpopular decision on policy cancellations.
Amid a national uproar, Covered California defied the Obama administration and required participating insurers to cancel existing individual policies at the end of 2013.
That move created a healthier, more diverse mix of old and new policyholders at the start of the exchange. About 35 other states allowed consumers to stay longer on health plans that didn't comply fully with the new law."