Premiums in the individual marketplace will jump 11 percent in 2019, Covered California predicts. The increase comes as enrollment in the state Affordable Care Act marketplace is expected to fall as much as 12 percent. The projected premiums are in line with the "significant" increases of up to 35 percent that Covered California warned were coming over the next three-year period. This past year, Covered California premiums were up ... (More)
Study: ‘Catastrophic’ rates ahead
March 8, 2018 Leave a Comment
Health-care premium increases in individual markets could be as high as 32 percent in 2019 and rise between 35 and 94 percent by 2021, according to a study backed by Covered California. "The prospect of 30 percent premium increases in 2019 and hikes of over 90 percent over the next three years threatens access to coverage for millions of Americans," Covered California chief Peter Lee said. The report, "Major Indicators of ... (More)
First enrollment dip for Covered Cal
February 11, 2018 Leave a Comment
Covered California finished the open enrollment period for 2018 with an increase in new customers but a dip in renewals. Overall, 1.52 million residents signed up for health insurance via the state Obamacare operation. That's down from 1.55 million -- or about 35,000 fewer people than last year. Covered California said 432,484 of the total for 2018 are new enrollees, an increase of roughly 3 percent. Many were younger, pleased ... (More)
342,000 newbies for Covered Cal
January 23, 2018 Leave a Comment
About 342,000 new consumers have signed up for health insurance via Covered California as of Jan. 21. The state Obamacare operation said the pace of new sign-ups for the 2018 open enrollment period is running well ahead of last year, despite the political uncertainty about federal health-care policy. More than 1.2 million current Covered California customers have renewed for the year. Open enrollment continues through Jan. ... (More)
Key sign-up deadline now Dec. 22
December 15, 2017 Leave a Comment
Citing "a strong surge in demand," Covered California has extended its deadline for buying health insurance that begins Jan. 1. Consumers now have until Dec. 22 to sign up for full coverage in 2018. The state Obamacare operation has pushed back its sign-up deadlines several times in recent years, allowing latecomers to get coverage they may have otherwise missed -- and slightly padding the closely watched enrollment ... (More)
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