Covered California premiums will rise an average of 9%. See the increase in your area
"Covered
Lee said all 11 insurance carriers currently with Covered California will continue to offer plans through Covered California. The healthy mix of consumers in the Covered California pool has helped to keep rates lower than the nation as a whole.
Pricewaterhouse Coopers has said that health insurance rates in the employer marketplace will increase by 2 to 4 percent on average for
Covered
The exchange offered a table Thursday of how the increases break down by region:
Pricing Region
Total enrollment*
Avg. rate change
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Region 1
53,772
9.0%
5.3%
Region 2
51,193
9.1%
3.1%
Region 3
79,158
8.8%
3.5%
Region 4
36,099
9.4%
1.5%
Region 5
44,114
8.4%
1.7%
Region 6
63,554
9.4%
4.4%
Region 7
58,435
6.3%
-12.2%
Region 8
24,283
9.3%
2.7%
Region 9
27,283
16.0%
11.4%
Region 10
68,817
6.8%
0.5%
Region 11
32,674
3.2%
0.4%
Region 12
65,829
8.7%
1.4%
Region 13
13,329
-0.5%
-3.5%
Region 14
17,715
8.3%
6.9%
Region 15
173,381
10.0%
-1.1%
Region 16
213,126
8.6%
-5.2%
Region 17
123,025
9.0%
0.7%
Region 18
133,166
9.0%
-2.2%
Region 19
116,149
9.0%
-3.8%
TOTAL
1,395,102
8.7%
-0.7%
* Effectuated enrollment for
Source: Covered California
In late 2017 under a tax bill, President
As a result, health insurers and policy experts are concerned that healthy, young people will drop their health insurance, destabilizing markets and making coverage even more expensive.
That mandate, Lee and others have said, was critical to ensuring that consumers who paid no subsidies could count on a broad pool of people buying insurance along with them. The broader the pool, the more likely it would supply a healthy mix that would keep insurance rates low.
This story is developing, check with sacbee.com for updates.
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