Covered California report on individual premium costs

By CMTA Staff

Capitol Update, April 4, 2013 Share this on FacebookTweet thisEmail this to a friend

In preparation for the enactment of the federal Patient Protection and Affordable Care Act (PPACA), California’s leading healthcare insurance authority, Covered California, released a report outlining factors affecting individual premium costs in 2014. Covered California is charged with administering the new healthcare insurance marketplace and assisting Californians with purchasing health insurance. According to the report, consumers earning less than 400 percent of the federal poverty line are estimated to pay 47-84 percent less when compared to projected 2013 premiums; those earning above the 400 percent poverty line are estimated to pay premium increases of about 20 percent. 

For more information, please see http://www.healthexchange.ca.gov/Documents/Factors%20Affecting%20Individual%20Premiums%20FINAL%203-28-2013.pdf.

To view federal poverty guidelines, please see http://ccf.georgetown.edu/wp-content/uploads/2012/04/Federal-Poverty-Guidelines.pdf.

Read more Labor & Employment articles

Capitol updates archive 989898989