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Tags “Reducing Premiums and Maximizing the Stabilization of Individual Markets for 2019 and Beyond: State Invisible High-Risk Pools/Reinsurance”

Tag: “Reducing Premiums and Maximizing the Stabilization of Individual Markets for 2019 and Beyond: State Invisible High-Risk Pools/Reinsurance”

Covered California predicts dramatic healthcare premium increases without federal action

Covered California issued an analysis Thursday that examined the potential impacts of the current open-enrollment period – which remains open in California, but ended in federally facilitated marketplace states on Dec. 15 – and of recent federal decisions on premiums in individual markets across the nation. The analysis found that premiums could increase dramatically in 2019, with increases from 16 to 30 percent if no steps are taken to mitigate these increases.