Wednesday, August 6, 2014

Obamacare: New California rates increase only 4.2 percent - Top News - InsuranceNewsNet.com

Obamacare: New California rates increase only 4.2 percent - Top News - InsuranceNewsNet.com: "Most consumers who bought health care plans through Covered California, the state's health-insurance exchange, will see low rate hikes in 2015, while some will see no increase or even a decrease, exchange officials said Thursday.

The average California rate hike of the plans created by the nation's health care law will be 4.2 percent, but some plans will offer average rates that are 8.5 percent lower.

By comparison, state exchanges in Washington state and New York have reported average rate increases of 9.6 percent and 13 percent, respectively."

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