California health insurance premiums may spike, analysis

California health insurance premiums - American and Californian flag

Covered California predicts a possible spike in rates residents are paying for policies. California health insurance premiums may sharply rise over the next few years. In fact, Covered California’s own analysis predicts a 35 percent increase by 2021. When compared to the current rates, Californian consumers may pay 35 percent more over three years. The state is among a total of 15 predicting average rate hikes of 35 percent by 2021 compared to their current rates. Across the United States, consumers purchasing coverage on an insurance exchange may pay more.…

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California health insurance rates may soon be on the rise for small businesses

Business Insurance policy

A proposed increase will mean premiums that are over 10 percent higher for smaller firms. Some California health insurance companies have proposed a rate increase for small business plans which will bring the price up by more than 10 percent and could become effective as soon as July or August. This proposal has drawn notable criticism from regulators in the state. Aetna, which has already received the scrutiny of state officials earlier in 2012, is now planning to hike up its premiums by an average of 10 percent, with increases…

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Consumer Watchdog Campaign opposes Anthem Blue Cross insurance rate increases in California

Anthem Blue Cross has announced that they will be increasing insurance rates by as much as 20 percent for the health coverage paid for by almost 600,000 people in California by May 1, 2012. Consumer Watchdog Campaign released a statement that said that a ballot initiative for boosting the affordability of health insurance through the regulation of hikes in premiums is vital to protecting people in California from excessive increases. This ballot initiative would require insurers to provide a public justification of changes that they make to their rates, under…

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InsureCA4less.com website provides California residents with best insurance quotes and comparisons

The new insureca4less.com website has announced the availability of its full service insurance quote website that is specifically designed to cater to the needs of the residents of California. The site is now offering Californians fast and easy access to free instant insurance quotes from insurers located within their area. It also provides the ability to compare the top quotes from several insurance companies so that users will always know that they are receiving the coverage they need, but at the best possible price that can be found. The insureca4less.com…

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AS HEALTHCARE REFORM MARKS 2nd BIRTHDAY, BAY AREA COUNCIL URGES CONTINUED FOCUS ON CONTROLLING COSTS, IMPROVING HEALTH

SAN FRANCISCO, CA – As the Affordable Care Act marks its second birthday and prepares for a date with the U.S. Supreme Court, the Bay Area Council continues its work to ensure that implementation of the landmark law remains focused on controlling costs, providing access for all and improving patient health. “The passage of the Patient Protection and Affordable Care Act was an important step toward the creation of a healthcare system that provides high-quality affordable care,” said senior policy advisor, Micah Weinberg. “We are working with policymakers to ensure…

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