Rep. LaMalfa Issues Statement on Rising Health Insurance Premiums in Northern California
Targeted News Service
WASHINGTON, Aug. 3 -- Rep. Doug LaMalfa, R-Calif., issued the following statement after Covered California announced that Californians will experience an average health insurance premium increase of 12.5%. Northern California is hit the hardest of all, with an average premium increase of 33.2% for 2018:
"After a 13% rise in premiums in 2017, you would forgive Californians for expecting a decrease this year. Unfortunately, that is not the case - as North State residents will experience an average rate increase of 33.2% in 2018.
"This is exactly why the ACA must be repealed and replaced with something that middle income families can afford. Premiums continue to rise at an increasingly alarming rate, and the only solution offered by Covered California is to switch to a worse plan.
"This doesn't cut it - not for California and not for America - and we must continue the fight to repeal this disastrous law and replace it with something that works."
Leading Progressive Groups: Party Must Stand Up, Proudly Support Abortion Rights
New Findings Reported from University of Maryland Describe Advances in Medicare and Medicaid (Does the Offer of Free Prescriptions Increase Generic…
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News