Calif. seeks dual rate predictions

The California Department of Insurance has authorized health insurance carriers to file two sets of rates for 2018 -- one under Obamacare, the second under a GOP-produced plan. The administration's efforts to repeal and replace the Affordable Care Act "have created immense uncertainly and instability for 2018's health insurance market," the commissioner's office said. Dave Jones, left, said: "Given the actions by President Trump ... (More)

Covered Cal: Insurance chaos ahead

Californians' health insurance premiums could rise by almost 50 percent if the Trump administration succeeds in gutting the Affordable Care Act, the state's marketplace warns. As many as 340,000 Californians could lose health coverage under proposed changes to Obamacare, Covered California warned April 27. "This specter of uncertainty could lead to dramatically higher rates," said Peter Lee, chief of the state Obamacare ... (More)

Covered Cal rates in the mail

With open enrollment just around the corner -- beginning Nov. 1 and running through Jan. 31 -- the state Obamacare operation is encouraging consumers to begin their shopping now. Covered California began mailing out notices to its health-insurance customers the second week of October, most delivering some dose of sticker shock due to double-digit premium increases. "Most of those renewing with us get subsidies that mean they are ... (More)

Small biz premiums up 6%

Covered California's small group health program for business will see an average premium increase of just under 6 percent in 2017, the state Obamacare operation said. The exchange is bringing "choice, stability and rate moderation to employers, their employees and the many consumers who don't have employer-based coverage," Covered California chief Peter Lee said in announcing the average rates and program expansions. "The options ... (More)

Covered Cal rates up 13 percent

Covered California officials are scrambling to put a positive spin on rate hikes for 2017 that should average more than 13 percent. Executive Director Peter Lee talked up the "power of shopping," claiming, "Almost 80 percent of our consumers will either be able to pay less than they are paying now, or see their rates go up by no more than 5 percent, if they shop and buy the lowest-cost plan at their same benefit level." The ... (More)