Datapoint: California Pulls Golden State’s Medicare License

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June 30

California this month revoked Golden State Medicare Health Plan’s license, according to a June 22 report in the San Luis Obispo Tribune. Golden State’s 2,210 Medicare Advantage members will lose coverage August 1. The state took issue with the insurer’s lack of financial standing — it was running at a $35 million deficit in December 2021. Kaiser Foundation Health Plan is currently the MA market leader in California, with 1,308,719 members.

Source: AIS’s Directory of Health Plans

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