Pages

Thursday, August 21, 2025

Brace Yourself

Given the general inflation in health insurance prices, what would you imagine will happen to the cost of UC-provided insurance?

From CalMatters:

Californians who get their health insurance through the state’s marketplace will see premiums increase by an average of 10.3% next year. Covered California officials on Thursday announced the first double-digit rate increase since 2018, saying it represents a “confluence” of factors putting upward pressure on the market. 

Rising health care costs, the expiration of enhanced federal subsidies and policy-driven market uncertainty together are fueling the hike, Covered California Director Jessica Altman said. Insurers in recent years have expected health care costs to increase by about 8% each year. That makes up the bulk of next year’s increase. But Altman said about 2% of the rate increase in the state’s version of the Affordable Care Act marketplace is based on federal financial assistance that expires at the end of the year...

Nationally, the median premium increase for next year is 18%, according to the KFF analysis. Loss of subsidies accounts for 4%...

Full story at https://calmatters.org/health/2025/08/covered-california-2026-rate-increase/.

No comments:

Post a Comment