News Headlines Article

Covered California rate-hike reality
Sacramento Bee

Some Californians got good news last week about the price of their health insurance. But as always, it pays to know the details.

Covered California, the state health insurance exchange, announced that its premiums will rise by a weighted average of 4 percent next year. This year’s increase was 4.2 percent.

Both were welcome surprises after double-digit rate hikes in recent years. However, the increase – or decrease – in your premiums will depend largely on where you live. And plan changes next year will lead to more out-of-pocket costs for some people, less for others.