Covered CA Unveils Record Low Preliminary Premium Increases For 2021

By Amy Lotven / August 4, 2020 at 4:07 PM
The nation’s largest state-based health insurance exchange on Tuesday (Aug. 4) announced that Californians will see an 0.6% average rate increase for 2021, a record low for the second consecutive year. Covered California attributes the lower rates to policies that ensure a healthy risk pool and noted that COVID-19 has not affected the markets as much as anticipated. All 11 insurers that sold exchange plans in 2020 will stay in the market in 2021, and two insurers – Anthem Blue...

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