Covered California's Health Plan Rates To Jump Sharply In 2017

[Auggie]

California's Obamacare premiums will jump 13.2 percent on average next year, a sharp increase that is likely to reverberate nationwide in an election year.

The increase, announced by the Covered California exchange Tuesday, ends the state's two-year respite from double-digit rate hikes.

The announcement comes as the presidential candidates clash over the future of President Obama's landmark health law and as major insurers around the country seek to announce even bigger rate increases during the open enrollment period this fall.

California won plaudits by negotiating rate increases for its 1.4 million enrollees that averaged 4 percent in the past two years. But that feat couldn't be repeated for 2017, as overall medical costs continue to climb and two federal programs that help insurers with expensive claims are set to expire.

MORE: http://www.npr.org/sections/health-shots/2016/07/19/486613011/covered-californias-health-plan-rates-to-jump-sharply-in-2017

PUBLIC OPTION! PUBLIC OPTION! PUBLIC OPTION!

[KamaAina]

1. Oh goody. I am in the process of enrolling as we speak.

Having been canned last month.

And even with the subsidies, they already expect me to pay nearly $200 a month that I don't have for coverage* with a $4500 deductible!

[Auggie]

2. That seems high for the unemployed

have you double-checked all the options?

When Covered California began our (2 people) premiums jumped from $550.00 a month to over $1100.00. It's higher than that now, and with the increase will approach what we pay in mortgage. What horseshit.

[KamaAina]

3. They're counting both the money I earned earlier in the year and my unemployment check against me.