Californians enrolled in Covered California will see premiums rise by an average of 12.5 percent next year. That's a slight decrease from last year. Tuesday’s announcement comes amidst uncertainty in the U.S. healthcare system.
State officials say insurers are waiting to see what actions may come from Congress and the Trump White House. One big unknown: will the federal government subsidize out-of-pocket costs for low-income consumers? If they don't, someone will have to eat the cost. And that will be either be insurers or consumers.
Eleven health care providers currently participate in Covered California. One of them, Anthem Blue Cross of California, is withdrawing from most regions of the state. That will force 150,000 Californians to find a new healthcare plan for 2018.
