Policyholders brace for price increases
And without coverage, Spargo, a language teacher, said, “you’re really up the creek.”
Mindich and Spargo are among the 2 million Californians and 24 million across the
What, if anything,
Open enrollment for Covered California, the state’s version of the Affordable Care Act, also known as “Obamacare,” began on
For many facing rising prices, “their eyes are going to pop out of their heads,” said
Monthly premiums will rise
Along with the expiring tax credits, health insurers in
Insurers are also raising rates in part because the tax credits are expiring. Healthier people may drop their insurance as costs rise, and those that remain in the insurance pool are sicker and require more expensive care, Levitt said.
Those not on ACA plans also are seeing increases. Mercer’s
Some Californians won’t be able to pay the higher premiums. About 400,000 people in the state are expected to lose their Covered California eligibility because of the policy change, according to a report by the
Murphy said the expiring tax credits are only one prong of Republican President Donald Trump’s moves to shift spending on health care from the federal government to states like
About 3.5 million Californians are expected to lose
In a bid to pressure
But
Freshman Democratic Rep.
The duo describe their bill as a compromise, but it’s unclear if it will survive in the Republican-dominated House, where Speaker
As the tax credits expire, the Democratic administration of Gov.
But Levitt said the state’s plan benefits only a fraction of the Californians who will bear the rising costs in 2026.
And that leaves ACA plan holders worried about their future. Spargo, a self-employed English and French language teacher, has paid
Mindich, 35, a
“It just means I’m not saving money,” she said.


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