CALIFORNIA HEALTH INSURANCE COMPANIES: NAVIGATING THE SETC TAX CREDIT (2020-2021)

California health insurance companies have been affected by the rollout of the State Exchange Tax Credit (SETC) program for consumers in 2020 and 2021. This tax credit program was created to increase health insurance coverage throughout the state by lowering the cost of premiums for qualified individuals. Grasping the complexities of the SETC prog