With No Commitment On CSRs, California Increases Silver Rates

The California health insurance exchange on Wednesday (Oct. 11) told issuers they can place a “surcharge” on silver-level plans in 2018 to account for the federal government's failure to commit to funding the Affordable Care Act's cost-sharing reduction payments. The increases will apply to on-exchange plans only, and range from 8 percent to 27 percent, with a 12.4 percent average, according to the exchange. The exchange called on the federal government to act soon to provide certainty, noting issuers will...