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CA Insurance Commissioner Threatens Suit If CSRs Stopped; Covered CA Rate Hikes Would Double

August 01, 2017
California Insurance Commissioner David Jones said Tuesday (Aug. 1) he would file suit against the Trump administration if it stops the ACA's cost-sharing reduction payments because California consumers would see their rates doubled. The warning came as the nation's largest state-based health exchange announced a proposed 12.5 percent weighted average increase for their individual market plans, but said that would jump by 12.4 percent for Silver plans if the CSRs are stopped for 2018. Jones expressed hope the president will...

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