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California’s approach to health care marketplace held down premiums
U.C. Berkeley News

A new study suggests Covered California’s authority to select health insurers successfully held down premium costs.

The research was published in the May issue of Health Affairs, and was conducted at the UC Berkeley School of Public Health in collaboration with New York University’s Robert F. Wagner Graduate School of Public Service.

“Covered California is one of the few ACA marketplaces that directly negotiates premiums with insurers,” said Richard Scheffler, lead author and distinguished professor of health economics and public policy at UC Berkeley. “Our study suggests that these negotiations successfully constrained premiums during the early years of the marketplaces.”