The FTSE 250 has closed at a record high after an MPC member hinted at an impending rate rise

whatsapp Jasper Jolly Forbes said she is “beginning to grow uncomfortable with the trade-off embodied in our current forecast”, less than a week after voting to keep interest rates at historically low levels.“If the real economy remains solid and the pickup in the nominal data continues, this could soon suggest an increase in bank rate,” she said.The Bank is mandated to keep inflation below two per cent, while balancing the impact of higher interest rates on the UK’s unemployment rate.In the aftermath of June’s Brexit referendum the MPC cut its main bank rate to 0.25 per cent in anticipation of a hit to the economy a consequent rise in unemployment. However, since then the UK economy has performed remarkably well, with no slowdown in quarterly GDP growth.If the UK economy continues to show signs of resilience accompanied by rising prices it will be “increasingly difficult for me to justify tolerating such a large and likely overshoot of inflation,” said Forbes.Forbes, a former White House economic adviser who still teaches at the Massachusetts Institute of Technology, is considered to be one of the more hawkish members of the MPC. The FTSE 250 has closed at a record high after an MPC member hinted at an impending rate rise whatsapp The FTSE 250 closed at a record high and the pound surged by more than a cent in afternoon trading, after a member of the Bank of England’s monetary policy committee (MPC) hinted at an impending interest rate rise.The FTSE 250 rose to 18,559.7 points, one per cent higher, while the pound was sent as high as $1.2481, after Kristin Forbes said surging inflation could significantly strengthen the case for an interest rate rise during a speech in Leeds today.  Share Tuesday 7 February 2017 4:59 pm read more

UK pledges £620m for African infrastructure projects

first_imgThe £620m will go toward 750 hospital beds for maternity care in Ghana, an upgraded terminal at Ghana’s Kumasi airport, 600 hospital beds and 108 rural healthcare centres powered by solar energy in Zambia, an industrial business park in Uganda, upgrades to over 80 kilometres of road surfaces in Gabon and equipment toward a Ugandan roads project. British companies have been awarded the contracts to deliver the construction projects. More than £600m of government funding will be given to help build vital infrastructure in Ghana, Zambia, Gabon and Uganda today. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org whatsapp “Africa is home to eight of the 15 fastest growing economies in the world and its economic prosperity matters to the UK,” Truss said. International trade secretary Liz Truss will today unveil the spending plans at the UK-Africa Investment Summit in London. (AFP via Getty Images) whatsapp International trade secretary Liz Truss will today unveil the spending plans at the UK-Africa Investment Summit in London. (AFP via Getty Images) Also Read: UK pledges £620m for African infrastructure projects Sharecenter_img Stefan Boscia International trade secretary Liz Truss will today unveil the spending plans at the UK-Africa Investment Summit in London. (AFP via Getty Images) Also Read: UK pledges £620m for African infrastructure projects Boris Johnson will attend today’s summit and will call for Britain to be the “investment partner of choice” for African countries. “We want the UK to be the partner of choice in Africa so I am delighted that, with UKEF’s support, British expertise will form a key component of these infrastructure projects.” UK pledges £620m for African infrastructure projects International trade secretary Liz Truss will today set out the spending plans at the UK-Africa Investment Summit in London, announcing that the UK Export Finance (UKEF) will fund the initiative. Show Comments ▼ Monday 20 January 2020 9:00 pmlast_img read more

TD calls on department to give funding to open newly ASD unit

first_img GAA WhatsApp Previous articleOne of Ireland’s most violent prisoners moves to Portlaoise PrisonNext articleLaois nurse gives powerful testimony about why she believes in upcoming strike action Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. TAGSRath NS 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshin By Alan Hartnett – 29th January 2019 WhatsApp Rath National School Local TD Fiona O’Loughlin recently visited Rath National School to view the new purpose built ASD unit that is almost completed.The new building incorporates two classrooms with associate classroom safe bases, a para-educational room, a multi-sensory room, an office, a storeroom, a central activities room and a specific ASD outdoor play area.O’Loughlin spoke following the visit: “I recently met with Tommy Fitzgerald, Principal of Rath National School to visit the new ASD unit that has been built and to see the work still required.“The Department of Education and Skills are refusing to fit out the state of the art rooms with the equipment required to open these units.“This is completely wrong, meaning that the 12 pupils and their teachers and SNAs will not be able to move into the unit in two weeks when the building will be completed.“As we all know, early intervention from qualified personnel for children with additional learning needs is vital.“I have raised this directly with the Minister last week in the Dáil and sincerely hope we can resolve the matter urgently.”SEE ALSO – One of Ireland’s most violent prisoners moves to Portlaoise Prison Facebook GAA Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory RELATED ARTICLESMORE FROM AUTHOR TD calls on department to give funding to open newly ASD unit Pinterest Pinterest GAA Here are all of Wednesday’s Laois GAA results Twitter Home News TD calls on department to give funding to open newly ASD unit News Facebook Twitterlast_img read more

Basel Committee examines CCBs

first_img Facebook LinkedIn Twitter Translating climate risks into financial risks takes work How should banks allocate capital for crypto? Related news OSFI seeks to step up sector’s cyber resilience Share this article and your comments with peers on social mediacenter_img These additional capital buffers are being introduced in the wake of the financial crisis as a way of guarding against a future crisis. The Basel Committee has established principles that regulators should follow in adopting these tools, but individual authorities have “considerable flexibility” in designing their particular policies. Among other things, Thursday’s report says there is variation among: > countries in terms of their governance structures; > indicators used to identify periods of excess credit and systemic risk; > the extent to which regulators rely on objective versus subjective criteria in making CCB decisions; and > the approach to communicating these decisions. For example, the paper notes that although most countries have established a set of metrics that they review when assessing credit growth and systemic risk, Canada and the U.S. do not specify a set of indicators in advance. Instead, they consider “a wide range of quantitative and qualitative information in forming their view of systemic risk,” the paper says. Additionally, it notes that Canada supplements this information with early warning models and stress tests. “The committee’s review highlights the importance of the implementation imperative of the Basel standards and helps to clarify implementation of domestic CCB policies,” the paper says. The paper also outlines some issues that, it says, “could be further discussed over the medium term as experience with the CCB policy is gained.” Keywords Banking industryCompanies ABC Funds, Basel Committee on Banking Supervision James Langton A report published by the Basel Committee on Banking Supervision examines the implementation of measures designed to trigger temporarily higher capital requirements in order to prevent the build-up of excess risk in the financial system. The report reviews how regulators in various countries have implemented so-called countercyclical capital buffers (CCBs), which are intended to help protect the banking sector from periods of excessive credit growth that have often been associated with rising systemic risk. last_img read more

Loonie down amid market turmoil, but not for long

first_img Loonie hits sweet spot, likely to climb further After climbing from US79.71¢ at the outset of 2018 to as high as US81.38¢ on Feb. 1, the loonie reversed course at the end of last week. As of Monday morning, the loonie was down to US79.40¢.The Canadian dollar tends to move on several types of data — particularly commodity prices — which have also seen their fortunes reverse during the heightened levels of volatility in the marketplace. When oil prices fall, the loonie typically follows suit, especially against the greenback as oil prices are denominated in U.S. dollars.The C.D. Howe Institute says the Canadian economy is particularly open and, because of its reliance on commodity exports, vulnerable to shocks from abroad.The Canadian dollar’s response during recent tumult is consistent with past periods of volatility, said Mark McCormick, North American head of FX strategy for TD Securities.He forecasts the loonie will bottom out at about US79¢ and settle into a range of US80¢ to US81¢ US within the next couple of months.“If we start to see equity markets selling off and volatility moving higher, the way that global capital flows move is there’s usually repatriation of Japanese investors having overseas investments where they bring that money home, and U.S. investors also tend to bring their money home,” he said.The Canadian dollar is also influenced by the Bank of Canada. The currency soared last year after the central bank surprised the markets and raised interest rates twice in the third quarter. However, policymakers subsequently tempered their hawkish tone, emphasizing that the bank will proceed cautiously in order to gauge the impact of higher borrowing costs and a stronger loonie on the economy.While a stronger currency may appeal to Canadian businesses buying goods and services from the U.S. and Canadians vacationing south of the border, a weaker loonie makes it easier for Canadian businesses to export products and bolsters our own tourism industry.Sometimes larger macroeconomics trends can affect the loonie — an unanticipated rise in employment, for example — typically means a rise in the Canadian dollar.The tumult that saw global equity markets begin to fall at the beginning of February was triggered by U.S. jobs data that showed wages grew more than anticipated, raising worries that signs of higher inflation might push the U.S. Federal Reserve to increase interest rates more quickly. Many market watchers had also been predicting a pullback after the market’s relentless march higher over the past year.“All of this has really triggered a spike in volatility because it’s brought into question whether higher interest rates are going to curtail the global growth story or erode corporate profitability,” said Candice Bangsund, a portfolio manager of global asset allocation at Fiera Capital in Montreal.The VIX index — Wall Street’s so-called “fear gauge” because it measures how much volatility investors expect in the future — had spiked above 50 early Tuesday, quadruple where it was about two weeks ago, before settling at 25 late Wednesday and them ramping up to 34 by late Thursday. By Monday morning it was hovering above 27.Despite the nervousness in the market, Bangsund said her firm believes there is strong support for the Canadian dollar right now and has increased her 12-month target for the loonie to US85¢ from US82¢.“There’s a good fundamental floor because of the strong economy, because of the fact that commodity prices are moving higher,” she said.“This is very positive for the Canadian dollar. Right now, we’re just in a risk-off phase and what you’re seeing is an over-reaction.” Related news Facebook LinkedIn Twitter David Hodges Share this article and your comments with peers on social media The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie’s fortunes will change this year even as the Canadian dollar continued its slide Monday.The loonie is down slightly in the opening months of the year as the global stock market rout that started at the beginning of February has investors turn to safe-haven assets like the U.S. dollar and the Japanese yen. Flexible exchange rate leads to stability: BoC Keywords Dollar Canadian dollar piren/123RF A look at the loonie’s recent struggleslast_img read more

BoC eyes effect on wealth, income distribution in review: Wilkins

first_imgThe central bank is examining its monetary policy framework ahead of its renewal and is looking at whether to maintain its current goal of targeting an annual inflation rate or adopt a different target.Whichever is chosen will underpin central bank decisions, including the path of its key interest rate that can then influence the rates charged for loans and mortgages.Speaking at the start of a day-long workshop hosted by the bank, Wilkins said no one framework has emerged as a clear front-runner.She added that no matter what framework is chosen, the bank’s ability to smooth out sharp, sudden drops in the economy or provide sector-specific help will be limited.“Monetary policy is ill-equipped to deal with sector-specific issues. We need to take them into account in our monetary policy decisions, but our focus must be on the macro economy to support sustainable growth and price stability,” Wilkins said, according to the prepared text of her opening remarks.“In the current context, coming out of such a severe hit to jobs and economic activity, the bank must keep its eye on the ball.”She noted that other policies are better at handling the issues the central bank can’t, such as government aid, or mortgage stress-testing to limit debt risk when interest rates are low.“All of this together highlights the challenges of policy co-ordination and the importance of central bank independence,” Wilkins said in her remarks.Next year, the central bank will renew its framework agreement with the federal government as part of a regular five-year review that has taken place since the 1990s when it first started targeting inflation.The 2% inflation target is considered largely arbitrary, but the bank has found it to be the sweet spot for keeping the economy and prices stable.If inflation runs high, the bank can raise its key interest rate to cool the economy, and drop rates if there’s a need to prod economic activity — just as it has over the past few months.The bank slashed its key interest rate at the start of the pandemic to 0.25%, which is as low as governor Tiff Macklem says it will go. He has also said that’s where the rate will stay until the economy has rebounded and inflation is back at the 2% target.Inflation is projected to remain low this year and next, and the economy and employment not back to pre-pandemic levels potentially until 2022, based on projections from the federal government, the bank, and private sector economists.While official measures show near-zero inflation, the perception for consumers is that prices have jumped since March, such as for meat, which is up by more than 4% since February, Wilkins says.“Prices that are falling, like those around travel, are not relevant to most people, but the prices that are rising, like the cost of food, are those we encounter every week,” the text of her statement says. Stagflation is U.S. economists’ biggest fear, SIFMA says Share this article and your comments with peers on social media People examining economic statistic Financial examiner Vector illustration. simmmax/123RF Canadian Press Keywords Monetary policy Related news The second-in-command at the Bank of Canada said Wednesday that any changes to the underpinning of its monetary policy will be judged against how they affect the distribution of income and wealth in this country.Senior deputy governor Carolyn Wilkins said the various frameworks the bank is considering are also being tested for how they fare in good economic times and bad. Tougher stress tests won’t chill housing market: Scotia Facebook LinkedIn Twitter G7 tax pledge may be upstaged by CBDC worklast_img read more

Old Harbour Police Station Gets Help from WINDALCo

first_imgRelatedOld Harbour Police Station Gets Help from WINDALCo RelatedOld Harbour Police Station Gets Help from WINDALCo RelatedOld Harbour Police Station Gets Help from WINDALCo FacebookTwitterWhatsAppEmail Police men and women of the Old Harbour station in St. Catherine are now operating in more comfortable surroundings, as the facility has been upgraded by West Indies Alumina Company (WINDALCo).At the recent handing over ceremony, Senior Community Relations Officer at WINDALCo, Carlton Britton, told JIS News that in 2005, while his company was effecting repairs to the town clock, they were made aware of some of the difficulties facing the personnel who operated from the station.“An urgent request was made for help, in particular about the state of the women’s quarters and we did a tour of the station so as to assess the situation. The conditions were really unsuitable, to say the least, so we assigned project technician, Cedric Parkinson, to do an estimate of the repair, which we later found out to be in excess of $300,000,” he said.Mr. Britton pointed out that the upgrading work commenced in November of 2005 and was completed in February 2006.“During this period, the following tasks were done – enlargement of the female quarters, installation of new lockers and doors, installation of a partition between male and female quarters, tiling, electrical rewiring, repainting as well as the cleaning-up of debris and clearing of storm drains,” he told JIS News.Mr. Britton said it was the hope of WINDALCo that the upgrading would boost the morale of the officers.“We recognise that the police have a difficult job to do, and anything that we can do to make the job a little bit easier, we commit ourselves to doing, as this is part of our commitment as a corporate body,” he said.Project Manager in the Ministry of National Security, Whilston Taylor, told JIS News that this initiative would augur well for the future of the station.“We encourage this sort of partnership between the private and public sectors, as this is one sure way of putting in place a culture that will redound to the betterment of society and by extension the citizens .I salute WINDALCo on a job well done,” he said.center_img Old Harbour Police Station Gets Help from WINDALCo UncategorizedMay 2, 2006 Advertisementslast_img read more

Logan creatives get funding boost

first_imgLogan creatives get funding boost Dr Karen Anne Lonsdale will be hosting creative mentorship sessions thanks to a Regional Arts Development Fund (RADF) grant.Poetry in the park, a live music performance, a short film and creative mentorship sessions are among activities funded by the City of Logan’s latest round of arts funding.Eight creative arts professionals have been awarded more than $62,000 collectively through the Regional Arts Development Fund (RADF).The funding is a partnership between the Queensland Government and Logan City Council to support local arts and culture in regional Queensland.Logan City Council City Lifestyle Committee Chairperson Councillor Laurie Koranski said RADF funding allows recipients to bring their ideas to life.“It gives them the chance to create new experiences in the City of Logan and we look forward to seeing their projects come to fruition in the coming months,” Cr Koranski said.Minister for the Arts Leeanne Enoch said the long-standing RADF program would help to boost Queensland’s plan for economic recovery, supporting artists and arts workers with employment opportunities through $4.2 million in funding for regional cultural projects.“The Palaszczuk Government is investing $2.08 million in RADF for 2020-21 and an additional $2.13 million will be contributed by 59 councils across Queensland,” Minister Enoch said.“Each year RADF showcases the extraordinary innovation of the arts and cultural sector in regional communities, delivers rich arts experiences and provides important professional opportunities for artists and arts workers.”The successful applicants are:Michelle Kenney: For the filming of the Junk Shop web series for online publication.Lark Lee: For the development of materials to pitch a potential Korean-Australian short feature film.Lamisse Hamouda from Southside Poetry Slam: For eight spoken word poetry events and two creative writing and performance workshops.Dr Karen Anne Lonsdale: For creative mentorship sessions with Topology. Kyra Mancktelow: For new works based on stories of Australian history through the lens of an Indigenous person.Emma Bosworth and Jackie Marshall: For a 70-minute live music performance showcasing stories about Logan people.Thomas Siru; For a 12-week mentorship project providing alternative pathways for at-risk youth.Renee Dobbyn: For a new play which pays tribute to frontline healthcare workers. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australian, council, creative writing, employment, Government, healthcare, Indigenous, innovation, local council, Logan, Logan City, Logan City Council, Lonsdale, Minister, Palaszczuk, project, Queenslandlast_img read more

Transformation Unit Head Urges Pension Reform

first_imgTransformation Unit Head Urges Pension Reform Office of the Prime MinisterSeptember 8, 2011 RelatedTransformation Unit Head Urges Pension Reform RelatedPrime Minister Golding Announces Cabinet Changes RelatedTransformation Unit Head Urges Pension Reform By Douglas Mcintosh, JIS Reporter FacebookTwitterWhatsAppEmail KINGSTON — Chief Executive Officer (CEO) of the Public Sector Transformation Unit (PSTU) in the Office of the Prime Minister (OPM), Patricia Sinclair-McCalla, says there is need to reform the public sector pension scheme. She stated that the pension facility, in its current non-contributory format, is unsustainable. Speaking on the final day of the Public Sector Monitoring Committee’s (PSMC) two-day seminar at the Jamaica Conference Centre, downtown Kingston, on Wednesday September 7, Mrs. Sinclair-McCalla, said there is a “serious problem” facing the administration in fulfilling payment obligations over the next 5-10 years, based on “present value”. She explained that there are over 5,137 civil servants retiring now, and the initial lump sum payment due to them is some $4.8 billion, on average. She pointed out that there will also be an annual recurrent payment of $1.1 billion. There are 10,520 civil servants, aged 55-60 years old, who are due to retire within the next five years, and their lump sum payment could cost as much as $14.2 billion, with recurrent/annual payments of $3.4 billion. And, in another 10 years, over 12,800 persons aged 50-55 years will have to be paid some $13 billion in lump sum entitlements, and $3.1 billion in recurrent expenditure. Mrs. Sinclair-McCalla said that her unit has met with several public sector employees, who have indicated their support for a contributory pension scheme. “They are not opposed to paying an additional one, or even two per cent, and to have a contributory scheme,” she stated. Responding to questions on the level of consultations on the pension payments, Mrs. Sinclair-McCalla advised that Minister with responsibility for the Public Service, Senator Arthur Williams, has engaged representatives and delegates of the various trade unions in the public sector on the matter.  Senior Industrial Relations Advisor in the Public Service Establishment Division (PSED) of the Office of the Cabinet, Wayne Jones, said that two trade union representatives were members of a special working group involved in a World Bank-supported activity, leading to the formulation of a Public Sector Pension Reform Green Paper, to be tabled in the House of Representatives by Finance Minister, Hon. Audley Shaw.       Senator Williams, who also spoke at the seminar, said that he will be chairing a Joint Select Committee of both Houses of Parliament which will review of the Green Paper. He said that the Committee will invite submissions from the public, which will also be considered, and a White Paper is expected to be tabled by January. The seminar was held by the Public Sector Monitoring Committee (PSMC), as part of Government’s efforts to work with the trade unions representing public sector workers to arrive at consensus on setting the parameters for public sector wages and conditions of employment. Participants in the two-day seminar, held under the theme “A partnership Approach to True Solutions”, included members of the PSMC, Permanent Secretaries and heads of agencies, public sector employees and representatives of the private sector. Topics discussed included the IMF Standby Agreement Conditionalities and the way forward, Growth Inducement in the Medium Term, Social Partnership to Achieve National Objectives, Public Sector Transformation and Productivity in the Public Sector. Advertisementslast_img read more

Your column here – Lost your job and health coverage because of coronavirus? Covered California is here to help

first_imgHomeOpinionColumnsYour column here – Lost your job and health coverage because of coronavirus? Covered California is here to help Apr. 06, 2020 at 6:00 amColumnsCovid-19FeaturedHealthNewsYour Column HereYour column here – Lost your job and health coverage because of coronavirus? Covered California is here to helpGuest Author1 year agocovered californiahealth coveragemedicalyour column here These are unprecedented and challenging times for the nation and the state of California, as the coronavirus (COVID-19) pandemic has altered the course of our lives for the foreseeable future.As job loss claims hit record-highs, more and more Californians will be dealing with a loss of in-come and their health insurance coverage. Covered California and MediCal are providing a path to coverage for those affected by this pandemic.Covered California recently announced a special-enrollment period related to the crisis. Anyone who meets Covered California’s eligibility requirements, which are like those in place during the annual open-enrollment period, can sign up for coverage from now through June 30.“The goal is to have as many people covered as possible to ensure they have access to vitally needed health care,” said Peter V. Lee, executive director of Covered California. “This is the right thing to do and we to make sure no one is left behind in California during this pandemic.”Those signing up through Covered California will have access to private health insurance plans with monthly premiums that may be lowered due to federal subsidies and new state financial help that became effective in 2020. Once a plan is chosen, coverage begins on the first of the following month — meaning individuals losing job-based coverage will not face a gap in coverage.That was the case for Jose Gonzalez Fernandez. The 60-year-old Bay Area resident lost his construction job and health insurance at the end of February, but in March he heard on the local news that Covered California’s special-enrollment period would apply to his circumstances.“I have always had health insurance through my union,” Gonzalez Fernandez said. “It was scary to think that I would not be able to go to the doctor if I got sick or if I catch the coronavirus. I can’t imagine getting sick, not having health insurance and not having money to pay for the medicine and medical services. That truly is scary.”Gonzalez Fernandez is thrilled to be enrolled in Covered California plan for just $2 a month for him and his wife, Luz. “The best thing ever is that I get to keep my same coverage. I get to keep my doctors.”Also, consumers who sign up through CoveredCA.com may find out that they are eligible for no-cost or low-cost coverage through MediCal, for which they can enroll in online. Those eligible for MediCal can have coverage that is immediately effective, because California has put a 90-day hold on MediCal renewal reviews, ensuring those already enrolled can continue their coverage and freeing up resources to quickly process the expected new enrollments.All medically-necessary screening and testing for COVID-19 is free of charge. This includes tele-health or doctor’s office visits, as well as network emergency room or urgent care visits, when necessary for the purpose of screening and testing for COVID-19. In addition, MediCal covers costs associated with COVID-19 in both its managed care plans and with fee for service providers. Covered California health plans will help cover costs that arise from any required treatment or hospitalization.In addition, all health plans offered through Covered California and by MediCal will provide tele-health options for enrollees, giving individuals the ability to connect with a health care professional by phone or video without having to personally visit a doctor’s office or hospital.“A core part of our mission is improving access to high-quality health care, and that has never been more important than it is right now in California,” Lee said. “Covered California will help you find a path to the coverage you need for you and your family.”Consumers can easily find out if they are eligible MediCal or other forms of financial help and see which plans are available in their area by using the CoveredCA.Com Shop and Compare Tool and entering their ZIP code, household income and the ages of those who need coverage.To enroll in Covered California or MediCal health plans:– Visit www.CoveredCA.com.– Get free and confidential assistance over the phone, in a variety of languages, from a certified en-roller.– Have a certified enroller call you and help you for free.– Call Covered California at (800) 300-1506.Angie BlanchetteTags :covered californiahealth coveragemedicalyour column hereshare on Facebookshare on Twitteradd a commentYour Column Here – Why Surfers Should Be Allowed To SurfRate of infection slows in Santa Monica with six new coronavirus cases confirmed since FridayYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall6 hours agoColumnsOpinionYour Column HereBring Back Library ServicesGuest Author12 hours agoNewsCouncil picks new City ManagerBrennon Dixson17 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter17 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor17 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press17 hours agolast_img read more