News Headlines Article

Covered California premiums creep up in 2016
Modern Healthcare

Covered California enrollees will see premiums increase 4% in 2016, exchange officials said Monday.The increase is actually slightly less than the 4.2% jump consumers experienced between 2014 and 2015.The average increase in Southern California is 1.8%, for a total of $296 a month, compared to 7%, or a total of $384 a month, in Northern California, according to Covered California.“Covered California is holding the line on rates and keeping coverage within reach of hundreds of thousands of consumers, while giving them more choices than ever before,” Peter Lee, executive director of Covered California, said in a statement.